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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Plug Power Inc.
Ownership Structure: publicly traded (ticker symbol PLUG)
Headquartered in: New York
Major Industry: utilities and power generation
Specific Industry: alternative energy technology
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $291,011,249 | 10 |
| Federal (grants and allocated tax credits) | $43,155,908 | 17 |
| TOTAL | $334,167,157 | 27 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2003. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2018.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| New York | $285,383,769 | 8 |
| Louisiana | $5,487,480 | 1 |
| Ohio | $140,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| Plug Power | New York | multiple | 2021 | $269,500,000 | | MEGADEAL  |
| Plug Power, Inc. (2) (FL) | New York | state | 2022 | $13,000,000 | | tax credit/rebate |
| Plug Power Inc | United States | federal | 2009 | $5,866,413 | | federal grant |
| Plug Power, Inc | Louisiana | local | 2022 | $5,487,480 | | property tax abatement |
| Plug Power Inc | United States | federal | 2009 | $5,405,290 | | federal grant |
| Plug Power Inc | United States | federal | 2009 | $4,845,604 | | federal grant |
| Plug Power Inc | United States | federal | 2019 | $4,000,000 | | federal grant |
| Plug Power Inc | United States | federal | 2007 | $3,849,998 | | federal grant |
| Plug Power Inc | United States | federal | 2020 | $3,467,664 | | federal grant |
| Plug Power Inc | United States | federal | 2007 | $3,050,732 | | federal grant |
| Plug Power Inc | United States | federal | 2020 | $2,687,181 | | federal grant |
| Plug Power Inc | United States | federal | 2016 | $2,367,218 | | federal grant |
| Plug Power Inc | United States | federal | 2013 | $2,150,518 | | federal grant |
| Plug Power Inc | United States | federal | 2018 | $1,797,216 | | federal grant |
| Plug Power Inc | United States | federal | 2022 | $1,337,659 | | federal grant |
| Plug Power, Inc. | New York | state | 2018 | $1,200,000 | | tax credit/rebate |
| Plug Power Inc | United States | federal | 2009 | $723,334 | | federal grant |
| Plug Power Inc | United States | federal | 2019 | $519,713 | | federal grant |
| Plug Power Inc. | New York | local | 2004 | $428,000 | | tax credit/rebate; property tax abatement |
| Plug Power Inc. | New York | local | 2006 | $428,000 | | tax credit/rebate; property tax abatement |
| Giner Elx, Inc. | United States | federal | 2018 | $413,824 | | federal grant |
| Plug Power | New York | local | 2007 | $405,233 | | tax credit/rebate; property tax abatement |
| Plug Power Inc | United States | federal | 2007 | $399,985 | | federal grant |
| Plug Power Inc | United States | federal | 2007 | $273,559 | | federal grant |
| Plug Power Inc. | New York | local | 2021 | $253,553 | | tax credit/rebate |
| Plug Power Inc. | New York | local | 2003 | $168,983 | | tax credit/rebate; property tax abatement |
| Plug Power Inc. | Ohio | state | 2020 | $140,000 | | tax credit/rebate |
