Plug Power (STU:PLUN) Construction In Progress : €784.4 Mil (As of Mar. 2024)

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What is Plug Power Construction In Progress?

Plug Power's quarterly construction in progress increased from Sep. 2023 (€875.2 Mil) to Dec. 2023 (€1,017.8 Mil) but then declined from Dec. 2023 (€1,017.8 Mil) to Mar. 2024 (€784.4 Mil).

Plug Power's annual construction in progress increased from Dec. 2021 (€149.9 Mil) to Dec. 2022 (€542.9 Mil) and increased from Dec. 2022 (€542.9 Mil) to Dec. 2023 (€1,017.8 Mil).

Plug Power Construction In Progress Historical Data

The historical data trend for Plug Power's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Plug Power Construction In Progress Chart

Plug Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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149.93

542.93

1,017.78

Plug Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															651.42	758.11	875.18	1,017.78	784.35

Plug Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Plug Power (STU:PLUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Plug Power Inc (STU:PLUN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PLUG:USA PLUG:Mexico 1PLUG:Italy 0R1J:UK PLUN:Germany PLUG:Austria

Address

968 Albany Shaker Road, Latham, NY, USA, 12110

Website

https://www.plugpower.com

Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.

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