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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 | $292,619,646 | 12 |
| Federal (grants and allocated tax credits) | $42,848,299 | 17 |
| TOTAL | $335,467,945 | 29 |
| 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 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 | $286,992,166 | 10 |
| 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 | 2013 | $2,150,518 | | federal grant |
| Plug Power Inc | United States | federal | 2016 | $2,059,609 | | 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 | New York | local | 2022 | $1,222,318 | | tax credit/rebate |
| 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. | New York | local | 2022 | $386,079 | | tax credit/rebate |
| 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 |
