The same company that was making a loss on every fuel cell it shipped has now entered into a binding framework agreement to supply up to 3 GW of electrolyzers to Allied Green Ammonia (AGA) for a green ammonia project in Australia’s Northern Territory. This a big shift in the company’s fortunes. We’re talking about Plug Power, of course, which will provide proton exchange membrane (PEM) electrolysis systems from its New York gigafactory, with installations expected between late 2026 and early 2027. Plenty of criticism fell on Plug after reports revealed that the company was making a loss on each fuel cell it sold because it had to provide the hydrogen to run it due to the scarcity of the…