Hydrogen demand could grow 100-fold by 2060.

Fuel cell stocks are taking a sharp step back midday Wednesday, with FuelCell Energy (NASDAQ:FCEL) leading the decline. FuelCell Energy shares are down 10% to around $22, after closing Tuesday at $24.

Plug-in hybrid powertrains were developed to be the best of both worlds: a combustion engine and fuel tank that can handle those longer journeys exactly the same as a non-hybrid car, with an electric motor and a battery large enough for most or all of someone’s daily driving range.

Booming AI infrastructure spending has sent Bloom Energy soaring. Could Plug Power be the next beneficiary?

A proposal debated in Springfield this year envisioned a future in which some of that energy could be captured by a solar panel mounted on an apartment balcony, converted into electricity and used to help a person power their life more efficiently.

There is no single national approval process for backyard solar in the US. Electrical connectivity rules are mostly handled at the state level by local utilities and public utility commissions, so each state must pass legislation and update utility rules to legalize plug-in solar.

Fuel cell stocks are splitting in opposite directions midday Wednesday. Plug Power (NASDAQ:PLUG) stock is up 6% to $4.07, while sector peers FuelCell Energy (NASDAQ:FCEL) and Bloom Energy (NYSE:BE) are slipping into the red.

Plug Power Inc. PLUG is benefitting from strength in its equipment business, supported by strong growth in sales. In the first quarter of 2026, sales of equipment and related infrastructure were $79 million,