Forget Plug Power: This Profitable Clean‑Energy Leader Is the Smarter Way to Ride the Energy Transition
Plug Power is heavily investing in hydrogen fuel cell technology but is struggling to achieve profitability. In contrast, Bloom Energy has already reached profitability and is expanding its market presence, particularly in data centers. Investors are advised to consider Bloom Energy as a more stable option in the clean energy sector.
- ▪Plug Power generated over $700 million in revenue last year but posted a loss of more than $1.6 billion.
- ▪Bloom Energy generated $2 billion in revenue last year and reported $72.8 million in operating income.
- ▪Bloom Energy has a sales backlog of about $20 billion, supporting its continued growth and profitability.
Opening excerpt (first ~120 words) tap to expand
Forget Plug Power: This Profitable Clean‑Energy Leader Is the Smarter Way to Ride the Energy Transition Matt DiLallo, The Motley Fool Tue, April 28, 2026 at 5:20 AM PDT 4 min read Plug Power (NASDAQ: PLUG) is a firm believer in a hydrogen-powered future. It created the first viable commercial market for hydrogen fuel cell technology and has deployed more than 72,000 fuel cells and over 275 fueling stations. It's investing heavily to build a leading end-to-end green hydrogen ecosystem. While Plug Power has great promise, my problem with the company is its inability to turn a profit. It currently doesn't expect to start making money until 2028. That's why I think investors should forget about investing in Plug Power and consider the already profitable Bloom Energy (NYSE: BE).
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Yahoo Finance.