Plug Power shares rose 2.96% after the hydrogen technology company signed an agreement with Arcadia eFuels to supply 280 megawatts of electrolyzers for Project ENDOR at Denmark’s Port of Vordingborg. The facility is expected to produce about 110 tons of renewable hydrogen per day using renewable electricity, which Arcadia plans to combine with captured carbon dioxide to make synthetic sustainable aviation fuel for conventional aircraft. The broader partnership makes Plug the preferred electrolyzer supplier for four additional projects across Europe and the Americas, representing more than 1 gigawatt of potential capacity, while giving Arcadia priority access to Plug’s manufacturing capacity. Deliveries for ENDOR will begin after a notice to proceed, as the project advances toward a final investment decision. Plug CEO José Luis Crespo said Europe remains the company’s most active electrolyzer market, citing rising demand for e-SAF as European aviation-fuel mandates take effect. Separately, HC Wainwright analyst Amit Dayal reiterated a Buy rating on Plug Power and maintained a $7 price target. Plug shares were up at $1.91 at publication, compared with $1.915 in the earlier record.