Federal grants to Plug Power Inc.
Plug Power Inc. in Latham, New York received $75.1 million in federal grants from fiscal 2021 to 2025, across 4 awards. Its largest program was Renewable Energy Research and Development, with $75.7 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$75.1 million
- Awards4
- Awarded in FY 2025$0
- Largest award$42.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 0 | -$506,494 |
| FY 2022 | 1 | $1.2 million |
| FY 2023 | 0 | -$307,609 |
| FY 2024 | 3 | $74.7 million |
| FY 2025 | 0 | $0 |
Programs that fund Plug Power Inc.
| Program | Awards | Amount |
|---|---|---|
| Renewable Energy Research and Development | 4 | $75.7 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of Energy | 4 | $75.1 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| The goal of this project will be to establish manufacturing processes for pem electrolyzers in rochester, New York capable of producing 5GW of pem electrolyzer stacks per year, while achieving the cost, production and performance targets described in table 1 below and drawing from disadvantaged comm | Renewable Energy Research and Development | September 25, 2024 | $42.7 million |
| The project will demonstrate a production pathway to meet the projected stack cost of $40/kw for 100,000 heavy duty stacks per year. To meet these objectives, the team will manufacture a high-performance membrane electrode assembly that meets the program goals of 2.5 kw/gpgm power at 1.07 a CM-2 and | Renewable Energy Research and Development | September 25, 2024 | $28.2 million |
| The overall objective of the proposed project is to design a hydrocarbon (HC) proton exchange membrane (PEM) that can mitigate the high H2 gas crossover issue in electrolyzer (ELX) applications aiming to use thinner membranes to improve the pem elx efficiency and reduce/eliminate fluorine in pem. T | Renewable Energy Research and Development | September 23, 2024 | $3.8 million |
| Fully unitized fuel cell manufactured by a continuous process this project will demonstrate a polymer electrolyte membrane fuel cell (PEMFC) bipolar plate (BPP) architecture for heavy-duty applications using flat foil metal separators with grooves in the diffusion substrates that is manufactured in | Renewable Energy Research and Development | February 10, 2022 | $1.3 million |
Questions people ask
How much federal grant money does Plug Power Inc. get?
$75.1 million in 4 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Plug Power Inc. the most?
The Department of Energy, with $75.1 million in 4 awards.
What is Plug Power Inc.'s largest federal grant?
$42.7 million under Renewable Energy Research and Development, with its first action in the period on September 25, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Other grant recipients in Latham
- New York State Division of Military & Naval Affairs
- Nysut Education and Learning Trust
- Town of Colonie Town Hall
Largest federal grant recipients in New York · Federal grants in New York