What Plug Power makes for data centers
public
Plug Power is a publicly listed company. It appears on 1 part of the AI data center — Fuel cells — in the role of manufacturer. That part sits in Layer 8 — Power generation & energy supply. Its shares trade on US exchanges (NYSE/Nasdaq) as PLUG.
Listing
US exchanges (NYSE/Nasdaq): PLUG· 1.38 USD +0.73% · mkt cap 1.9B USD
Snapshot 2026-10-25T10:41:17Z — nightly, not real-time.· Chart on TradingView ↗
Exposure
1 part across 1 layer
No disclosed data-center revenue share on file.
Parts, by layer
Layer 8 — Power generation & energy supply
| Part | Role | Confidence | Competitors | Note |
|---|---|---|---|---|
| Fuel cells | manufacturer | disclosed | Ballard, Bloom Energy, Ceres, Doosan Fuel Cell, FuelCell Energy |
Where Plug Power sits in the stack
Plug Power's placements in this catalog cover 1 part, all in layer 8, power generation & energy supply. None of them currently carries a sourced supply constraint tag. Across these parts it overlaps with other companies most often on the lines below.
What these parts are
- Fuel cells — Fuel cells, chiefly solid-oxide units, that generate electricity electrochemically from natural gas or hydrogen without combustion, deployed as onsite or behind-the-meter power.
Closest peers in this catalog
| Company | Shared parts | Including | |
|---|---|---|---|
| Ballard | 1 | Fuel cells | |
| Bloom Energy | 1 | Fuel cells | |
| Ceres | 1 | Fuel cells | |
| Doosan Fuel Cell | 1 | Fuel cells | |
| FuelCell Energy | 1 | Fuel cells |
Disclosed customers
| Customer | % | Metric | Period | Filing |
|---|---|---|---|---|
| one customer | 10% | receivables | 2025-12-31 | 10-K |
Questions about Plug Power
- What does Plug Power make for AI data centers?
- This catalog places Plug Power on 1 part: Fuel cells (manufacturer).
- Is Plug Power publicly traded?
- Yes — Plug Power is listed on US exchanges (NYSE/Nasdaq) under PLUG. Prices shown on this page are a nightly snapshot, not real-time, and nothing here is investment advice.
- Who else makes fuel cells for AI data centers?
- Ballard, Bloom Energy, Ceres, Doosan Fuel Cell and FuelCell Energy are also placed on Fuel cells in this catalog.
- How well sourced are these placements?
- Every part→company placement carries a confidence tag. For Plug Power the mix is 1 disclosed. "disclosed" means the company or a filing says so; "reported" comes from trade press or a reference-design list; "inferred" is a lead from the taxonomy with no citation yet. Treat reported and inferred as leads, not facts.
Answers are generated from this catalog's own rows — see sources & method.