Plug Power (PLUG) stock soared 5.95% in Thursday's trading session, closing at a significant gain. The surge comes on the heels of positive news in the hydrogen fuel cell industry, suggesting renewed investor confidence in the sector.

The catalyst for this upward movement appears to be the announcement that Energy Plug Technologies, another player in the energy technology sector, has entered the U.S. market through a supply agreement partnership with GGVentures. While Energy Plug Technologies is a separate entity from Plug Power, the expansion of a company in the same industry into the U.S. market is likely viewed as a positive sign for the entire sector, including Plug Power.

Plug Power, a leading provider of hydrogen fuel cell solutions, has been working to establish itself in the growing clean energy market. The positive reaction to industry expansion news underscores the market's optimism about the future of hydrogen fuel cell technology and its potential applications. As the clean energy transition continues to gain momentum, companies like Plug Power may benefit from increased attention and investment in alternative energy solutions.