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Why Plug Power, Bloom Energy, and Clean Energy Fuels Stocks Rocketed Today


Hydrogen stocks made big moves Thursday as investors bid the clean energy stocks higher after big news from the industry hit the headlines even as President Joe Biden presented a watered-down infrastructure bill at Capitol Hill. As of 2:20 p.m. EDT, shares of Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), Clean Energy Fuels (NASDAQ: CLNE) were trading up 11.6%, 8.3%, and 8.5%, respectively.

Aviation firm ZeroAvia just announced that it's developing a 19-seater aircraft that'll fly "entirely on hydrogen," with the first such commercial passenger flight expected to fly between the U.K. and Netherlands by 2024.

ZeroAvia said it had partnered with Royal Schiphol Group, Rotterdam The Hague Innovation Airport Foundation, and the airport itself for the project, and that it was already in advanced talks with airlines to find an operator for the planned route between Rotterdam The Hague Airport and London.

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Source Fool.com

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