The shares of Plug Power Inc. PLUG jumped 12.4% during the afternoon trade on Monday after the company announced it had secured three contracts in Europe for their green hydrogen-producing electrodelyzers. The company stated that the deals with Ardagh Glass Limmared AB, Hydro Havrand, and the APEX Group would be the first industrial-scale use of green hydrogen for glass manufacturing, aluminium recycling, and steel manufacturing. Andy Marsh, Plug’s Chief Executive Officer, said that Plug is breaking new ground by introducing this series of firsts in the industry. This validates our vision for scaling up the green hydrogen economy. The European Union is planning to produce 10,000,000 metric tons per year of green hydrogen by 2030. Plug’s stock is down 29.8% for the year, while S&P 500 SPX, +0.02% is up 9.4%.