Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Rocketed Today
Fuel cell stocks rocketed on Monday after the House of Representatives finally passed a landmark $1.2 trillion infrastructure bill, paving the way for long-awaited federal spending on America's infrastructure, including big investments in clean energy. As of 11:25 a.m. EDT Monday, here's how much the leading fuel cell stocks had rallied:
The bill that passed Nov. 5 calls for investments across the infrastructure sector, including $7.5 billion on zero- and low-emission buses and ferries and another $7.5 billion on electric-vehicle charging infrastructure.
Hydrogen fuel cell technology is getting a lot of attention lately from clean energy enthusiasts. California, for example, sees hydrogen fuel-cell electric vehicles as critical to achieving its goals of 1.5 million zero-emission vehicles by 2025.
Source Fool.com