Plug Power Ships 1 MW Electrolyzer to New Zealand as COO Resigns

PTT Public Company Limited, or PTT, together with four government agencies, has expressed its intent to cooperate in developing the I-SPARK model, a pilot project to prepare clean energy and infrastructure for low-carbon industry in Rayong province, aiming to develop the Map Ta Phut area as a prototype for the transition of Thailand's industrial sector. The intent-signing ceremony was held at Gastech Bangkok 2026 at the BITEC Exhibition and Convention Centre in Bangkok, presided over by Dr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT, with Dr. Buranin Rattanasombat, Chief Operating Officer of the New Business and Sustainability Group at PTT, signing together with representatives of the four government agencies: Dr. Pirun Saiyasitpanich, Director-General of the Department of Climate Change and Environment; Mr. Wattanapong Kurovat, Director of the Energy Policy and Planning Office; Mr. Warakorn Prasertphon, Director-General of the Department of Mineral Fuels; and Mr. Sumet Tangprasert, Governor of the Industrial Estate Authority of Thailand. On the same occasion, Mr. Anutin Charnvirakul, Prime Minister and Minister of Interior, along with the cabinet and executives, visited the I-SPARK exhibition within the PTT Group display area. The development plan is divided into three main project groups. The first is low-carbon energy and greenhouse gas reduction technologies, covering liquefied natural gas, clean energy, hydrogen, ammonia, battery energy storage systems, and carbon capture and storage technology. The second is the development of shared infrastructure, building on existing ports, storage tanks, pipeline systems, and utilities, along with guidelines for developing a carbon credit platform and a knowledge centre. The third aims to build on existing industries toward high-value products and the circular economy, such as sustainable aviation fuel, biological products, specialty chemicals, and the conversion of used plastics back into new raw materials. PTT expects that by 2035, projects under I-SPARK will generate investment of up to 5 billion US dollars and have the potential to reduce greenhouse gas emissions by as much as 9 million tonnes of carbon dioxide equivalent, with the goal of using the Rayong area as a prototype for expansion to other areas of the country in the future.

Teledyne Energy Systems, Inc., a subsidiary of Teledyne Technologies Incorporated, has been selected to participate in NASA's Announcement of Collaboration Opportunity, establishing a collaborative effort with NASA's Glenn Research Center and Johnson Space Center to advance next-generation space power technology. Under the Space Act Agreement, Teledyne Energy Systems and NASA will work together to mature the company's Hydrogen Electrical Power System, known as HEPS, advancing the technology from Technology Readiness Level 5 to Technology Readiness Level 7 for space environments. The collaboration supports NASA's ongoing efforts to develop reliable, efficient power systems for future lunar and deep-space exploration missions. Barbara Stachowiak, Vice President and General Manager of Teledyne Energy Systems, called the selection an important milestone for the company's hydrogen fuel cell technology and said advancing HEPS to a higher technology readiness level will further demonstrate its potential to provide reliable, scalable energy for future exploration architectures and long-duration surface operations. HEPS is an advanced hydrogen fuel cell system designed to deliver efficient, air-independent power for demanding space applications, and the collaboration will leverage the technical expertise and facilities of NASA Glenn and NASA Johnson to help validate HEPS performance in relevant space environments.

Tran Capital Management's Midcap Equity Strategy highlighted Bloom Energy Corporation as a meaningful contributor to its second-quarter 2026 returns, citing the company's role in easing the power bottleneck constraining the AI buildout. In its investor letter, the firm said Bloom Energy's solid-oxide fuel cells deliver reliable on-site power in months rather than the years-long grid interconnection queues, and that the solution is now cost-competitive with gas generation. The letter pointed to a landmark agreement with Oracle for up to 2.8 gigawatts of fuel cell capacity, with an initial 1.2 gigawatts already contracted and deploying. Bloom Energy reported first-quarter 2026 revenue that more than doubled year-over-year and swung firmly to GAAP profitability, while management raised full-year guidance to roughly 80% growth at the midpoint. The Midcap Equity Strategy returned 16.9% net of fees in the second quarter, bringing year-to-date returns to 12.3%, compared with the Bloomberg U.S. Mid Cap Index's 11.1% quarterly gain and 12.1% year-to-date return. Bloom Energy closed at $275.19 per share on September 23, 2026, with a market capitalization of $81.05 billion and a 52-week range of $61.37 to $351.28.