The hydrogen fuel cell developer has formed strategic partnerships with major players in the mobility and logistics sector, such as Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT), Renault (OTCPK:RNLSY), and Airbus (OTCPK:EADSY); and these partnerships can help to propel Plug Power to record levels of revenue growth. However, the Inflation Reduction Act passed by the Biden Administration in 2022, which provides numerous tax incentives and subsidies to clean energy projects, is causing investors to give hydrogen another detailed look. Hydrogen atoms are required in large quantities in the chemical industry for the clean production of ammonia, plastics, synthetic jet fuel, and metals.