I didn't say anything about the Hydrogen Council", Jack/Benny/Sven."


JMI

"Jack/Benny/Sven" here is trying to jump to the wrong conclusion and call it fact, again.

A typical Lie that the Trolls on here engage in.

Read the piece yourself and you will see that it actually says that the reasons that Shell canceled the project are that it relied on tanker ships for liquid H2, and there would be an insuffuicient number of them in time for this project's completion, making it economically unviable.

But that here are alternatives for transporting H2, such as with ammonia or other liquid organic hydrogen carrers (LOHCs).

The title of the piece is:

" Exclusive: This Shell Backed Project to Ship Vast Volumes of Liquid Green Hydrogen From Portugal to the Netherlands has been Scrapped."

Also, there is no mention in the piece about H2 vehicles, and PLUG is not involved with H2 automobiles, so that added nugget is simply and out-of-left-field, bizzare statement by "Jack/Benny/Sven."

To try to make a sweeping statement that " The novelty of Hydrogen is wearing thin", is laughable, and typical of the disingenuous "Hair on fire !", bloviating overstatements these Trolls try to make on here all the time.

And remember, this "Jack/Benny/Sven" if just one of several Trolls on here who are Linde and Air Products Pumpers, who come here to Bash PLUG because PLUG is building Green Hydrogen Plants, and has a substantial lead in building them over Linde and Air Products. For example, Linde is building a Green Hydrogen Plant in the Western US, but it is only scheduled to be operational sometime in 2027.

Maybe............

Also, PLUG is currently a customer of Linde and Air Products, buying their gray Hydrogen for PLUG's customers. But once PLUG has it's LA Plant online, scheduled for Qtr 3 2024, PLUG will make sufficient Hydrogen itself with it's GA, TN and LA Plants to service it's own customers. And once PLUG's TX and NY PLants are built and online, sometime in late 2025 as currently scheduled, PLUG will be selling Hydrogen themselves i the Market, and will be a competitor to those companies.

Now you can see why "Jack/Benny/Sven" and other Trolls are here to Bash PLUG and Pump LIN and APD.

Just the Facts........

Thanks !



JMI

It's not Green Hydrogen, though, since there is that nuclear waste to deal with.

When customers demand Green Hydrogen, it won't fit the bill, like PLUG's Green Hydrogen production will.

Thanks !



JMI

Seems like just another solid announcement of PLUG's exetcuting their plans for expansion in Europe.

And gee, who had the foresight, the vision, to position PLUG in those markets at the right time, and with the exact products that would be central to exploiting these new opportunities, in the correct (European vs China) markets ?

That's right, our much-maligned CEO Marsh.

Say what you will about him, but his plan is about to bear HUGE results !

And I haven't seen any mention of the PLUG Symposium on Oct 18-19th being referred to as a "Mega Symposium."

In fact, you've made this same mistake each year, as PLUG has held it's Annual Symposium.

Why is that ?

And BTW, what is your country of origin ? You've said you live in Vancouver BC now, but where are you from originally ?

Just curoius.....

Thanks !



JMI

UK:

And I would add to this discussion that so far it has left out that this is a nascent industry, and we are still in the "proof of concept" phase.

PLUG is making a brilliant move, IMHO, in getting out front to soon produce sizeable quantities of Green Hydrogen on their own.

Not only will this benefit the company, in terms of their lowering costs, adding a new Revenue stream and driving towards profitability, it will also serve an example of what can be, and is now possible, TODAY, and will serve as a catalyst for the industry, drawing in additional players and leading to the same kind of development nd innovation that occurs in all industries. Witness such skeptics as Sen Manchin of WV being persuaded of the benefits of Green Hydrogen. ( Thanks, Twiggy !)

Naysayers will whine that it is happening "too slowly:", but I think CEO Marsh and the PLUG Executive Team have read the tea leaves of Worldwide Decarbonization Plans, involving the investment of $ Trillions by Governments and Corporations, and have positioned PLUG to be a major player in this booming industry.

The only question for investors is, do you want to bet on these developments while they are ramping up or wait until they have matured. Of course, then the share price will be considerably higher. I will also point out that the same naysayers who are posting here today were dismissing PLUG's fortunes when the tock was in the $1.00 - $2.00 range. Who was correct ?

Myself, I bought my first PLUG shares in Dec 2013, then really loaded up when it dipped below $1.00 to 83 cents in Dec 2018 (at 91 cents for me), so you know my opinion on that.

Thanks !



JMI

That is exactly the point, the Decarbonization plans, readily available to read at most major corporations, show that they desire to move away from fossil fuels.

This is why natural gas as a use for back-up operations is not attractive to them, why switch from diesel to natural gas, when it is STILL just another fossil fuel ?

Green Hydrogen is the answer, and initially they are willing to pay a bit more for it, since they can utilize the Goodwill it will create to burnish their image.

And like any other industry, prices will decrease, as increased supply and innovation develop.

Simple.

Thanks !



JMI

Well, that is a strange thing for you to say considering you are non-American.

Just FYI, these Hearings are to gather information, to inform Policy decisions If they were not intent on proposing Policy, in the form of legislation, they would not bother to hold them at all.

In this case, there was a nice cross-section of industry experts and Executives, including CEO Marsh. And I Must say, they obviously have great respect for him, as all the Senators kept coming back again and again to him, during the Hearing.

Did you actually watch it ? I did !

Perhaps this process is unfamiliar to you ? What is your country of origin, BTW? I know you said a wile ago that you live in Vancouver but are not Canadian, what country do you originally come from ?

Thanks !



JMI

Watching the Hearing yesterday, I was struck by how positive Sen Manchin was about Hydrogen. He literally said to CEO Marsh:

" Sen Manchin:

"Mr. Marsh, you are the leading proponent of Hydrogen, and have done it in the market. I believe Hydrogen is the way to go, and not enough has been invested in Hydrogen."

ALso, Sen Manchin talked about "Hydrogen" as including both "blue" Hydrogen " from nat gas, with carbon-capture) and Green Hydrogen, from Renewables. I think this is due to WV being a fossil fuel State.

CEO Marsh stated outright that PLUG was Green Hydrogen focused, and led the country in it's production, storage and transportation. And that PLUG was engaged worldwide in producing Green Hydrogen, as the " ultimate solution."

But CEO Marsh also said that there are several alternatives that can be used in the near term transition, including " blue" Hydrogen.

It was a nice tactical move by Mr. Marsh, to engage and even ingratiate a critical Senator, and try to get him to support the goal of funding the tax credits.

CEO Marsh also knows that the Market will ultimately decide which type of Hydrogen will be preferable, as evidenced by their stated Decarbonization Agendas, and that it will be Green Hydrogen.

And in fact, the last question to all the panel of industry experts was " What is the one most critical thing that would help advance Hydrogen, at this stage ?"

CEO Marsh immediately said "the tax credit", as did most of the others on the panel.

I think it was a very good, informative and clear message to the Senators, that may well result in their support.

It also was a good update on the state of the pipeline status in the US, and how well it can adapt to Hydrogen. It seems, from the pipeline company expert on the panel, that 20 -30 % Hydrogen blending could be done tomorrow. and increasing percentages are pretty easily attainable. To get to higher percentages and ultimately 100 % will take some time to retrofit and engineer.

If the $3/kg tax credit is passed, it will be a huge boost for the Sector. And as has been discussed on here many times, it is a tiny amount of spending, compared to the huge subsidies that fossil fuels have enjoyed for decades.

Thanks !



JMI

Except that they simply rated PLUG a "Hold". From the article:

" Is PLUG Stock A Buy, Sell, Or Hold?

PLUG stock is a Hold. It last traded at an NTM revenue multiple of 14.5x and an NTM FCF yield of -6.33%. There are plenty of opportunities in the SaaS, EV, and semiconductor space with much more reasonable valuations and positive FCF.

As such, we decided to sell into the rally and move on from PLUG, which was a profitable position for us. "


So, this simply represents a factor of their particular trading position, nothing fundamental about PLUG, else they would have not Rated it a "Hold."

Common sense.....

Thanks !



JMI

PLUG is Officially ON ROAD !

The Hyvia Plant in Flins, France is up and running, as of today:

Here we go! After 9 months of our creation we inaugurate our plant at Refactory in Flins. This is the first step of a wider industrial project! Find the press release here: https://t.co/YfFXY0ij5G pic.twitter.com/dAxn75u5yG

— HYVIA (@HYVIA_Official) March 15, 2022

Well. the Markets have been erratic, given the International, Russia/Ukraine war situation, no surprise there.

But PLUG ended the week Up 6 %.

Yet another Green week, as the stock climbs back Up from the recent $18.26 low on 1-27-22.

That's an increase of 34 % in just 6 weeks.

I'll take it.

Thanks 1



JMI

Did everyone see the Aviation news ? PLUG Partner Universal Hydrogen is investing $254 Million in Albuquerque NM airport facility:

" International firm to invest $254M in ABQ hydrogen factory "

" Universal Hydrogen — an international company with modular hydrogen storage technology for planes, ground transportation and heavy manufacturing — will invest $254 million in a new manufacturing and distribution center at the Albuquerque International Sunport, potentially employing up to 500 people, Gov. Michelle Lujan Grisham announced Thursday afternoon.

The state will contribute $10 million in Local Economic Development Act funding for the project, which could have a $700 million economic impact here over the next 10 years, according to the Governor’s Office, which held a news conference Thursday at Hotel Albuquerque in Old Town to announce the project.

“This project puts New Mexico and Universal Hydrogen at the center of the global effort to decarbonize transportation and aviation in particular,” Lujan Grisham said in a statement. “Hydrogen, solar, wind and alternative energy are job-rich industries and New Mexico’s partnerships with these companies are part of a forward-thinking model to create a robust and diversified economy, while being a part of the solution when it comes to a changing climate.”

Link below.

I am astonished at how quickly aviation is transitioning to Hydrogen.

Thanks !



JMI

Link: https://property-reporter.com/international-firm-to-invest-254m-in-abq-hydrogen-factory/

UK, did you see yesterday's Axios article on this ?

" Plug Power taps ABB for $300M hydrogen plants "

" ABB will provide the electrical systems for two U.S. hydrogen plants being built by fuel-cell provider Plug Power.

Why it matters: Plug Power is the largest buyer of liquid hydrogen in the world.

The big picture: The first of the company's two new plants, "Project Gateway," will be North America's largest production facility for so-called green hydrogen. Located in Gennessee County in Upstate New York, it is set to produce 45 metric tons of liquid hydrogen daily.

The second plant, located in Camden County in southeastern Georgia, will produce 15 tons of liquid green hydrogen per day.
The plants, already under construction, are expected to begin producing hydrogen as soon as 2023."

Link below.

Thanks !



JMI

https://www.axios.com/plug-power-taps-abb-for-300m-hydrogen-plants-04ae46bc-dcd5-4db4-b10b-45483246e8ec.html

Nice Barron's article, showing their take on yesterday's Qtr 4 & Full Year 2021 Report.

Nice to have a positive tone set, and an objective analysis of the factors in play. So many times there are analyses done by those not qualified to make them, including day traders who write for Seeking Alpha.



JMI

https://www.barrons.com/articles/plug-power-plug-stock-earnings-51646172487?siteid=yhoof2

Henrik is not an Analyst, just a German day trader, who has Shorted this stock a lot over the years. He has always been very negative on the stock, for years now, much to the loss and I'm sure the frustration and chagrin of many of his readers.

Just 3 years ago, in Dec 2018, he wrote an article, again negative on PLUG, that was so factually incorrect that PLUG Management stepped in, contacted Seeking Alpha, and Henrik was forced to retract the article, and write a "mea culpa" piece.

Here is a Link to that apology piece:


https://seekingalpha.com/article/4229627-plug-power-setting-record-straight


Suffice it to say, anyone who followed Henrick Alex's advice over the years missed out on the 3000 % or so in gains from when it was under $1.00 just 38 months ago, and before.

Funny how he never mentions his track record on PLUG in any of his articles......

Just the Facts....

Thanks !



JMI

Saw this on PLUG's Yahoo board, posted by "peter", and thought I'd share it here. Additional information on PLUG's Acquisition that was announced this morning:

Press Release out this morning !

" PLUG POWER ACQUIRES JOULE PROCESSING, ENTERS STRATEGIC COLLABORATION WITH ATLAS COPCO GAS AND PROCESS AND FIVES TO EXPAND OFFERINGS FOR GLOBAL HYDROGEN LIQUEFACTION MARKET"

- Aims to Drive Performance and Cost Improvements through Optimized Turnkey Integration and Standardization of Hydrogen Liquefaction Plants, Expanding Opportunities for Liquid Hydrogen throughout the World "

" LATHAM, N.Y., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced that it has signed a collaboration agreement with Atlas Copco Mafi-Trench Company LLC, the turboexpander technology center within the Gas and Process division of Atlas Copco, and Fives, a global leader in brazed heat exchangers and cryogenic cold boxes, to jointly develop hydrogen liquefaction plants (also known as hydrogen liquefiers). Liquifying hydrogen makes it easier to transport, leading to significant cost savings and broader distribution coverage.
Today’s collaboration announcement closely follows Plug Power’s acquisition last month of Joule Processing LLC, a process solution and engineered equipment provider with a strong track record of execution among the largest EPC (Engineering, Procurement and Construction) and oil and gas midstream companies. The proven cryogenic process technology that Joule developed for the gas processing industry is directly applicable to hydrogen liquefaction and has the potential to reduce the cost of liquified hydrogen by 25%. This acquisition will also represent a capital expenditure savings of approximately $200 million for Plug Power over the next four years by bringing hydrogen liquefaction capabilities in house. Plug Power purchased Joule for a total consideration of up to $160 million, with $30 million upfront and $130 million of future earn outs based on meeting liquefier efficiency, third-party sales and gross margin targets. Joule’s liquefaction process is being deployed in Plug Power’s green hydrogen plant under development in Texas.“Plug Power manufactures the best electrolyzer solution in the world today,” said Andy Marsh, CEO of Plug Power. “And, we have the complete delivery network in place. The liquefier system is key to offering hydrogen in liquid form, which is ideal because of its superior energy density versus gaseous hydrogen, lower transportation cost and potential for powering trains, ships and airplanes. Joule’s capabilities complete this end-to-end green hydrogen solution for Plug Power, making us the only company in the world with such comprehensive offerings.”“We are excited to join the Plug Power family as a key addition to the total end-to-end solution for the green hydrogen economy,” said Ben Victor, former CEO of Joule Processing and current Vice President of Hydrogen Energy Solutions for Plug Power. “We are now positioned with a large platform to deploy our low energy hydrogen liquefaction solution on a global scale, for both our internal projects and sales to third parties.”Through this long-term cooperation, Plug Power, Atlas Copco Gas and Process and Fives will address some of the biggest needs facing the liquid hydrogen production industry, such as improving the efficiency, cost and lead time of hydrogen liquefiers. This new collaboration adds the deep technical and manufacturing experience of Atlas Copco and Fives as key suppliers to enable Plug Power to successfully deliver hydrogen liquefiers into its growing fleet of green hydrogen production plants and also for sale to third parties looking to adopt highly efficient liquid hydrogen systems.The parties have already undertaken significant development efforts and Plug Power expects to commission hydrogen liquefier trains with 15 ton per day and 30 ton per day capacities starting in 2023. As the largest buyer of liquid hydrogen in the world, Plug Power’s growing national network of hydrogen plants will supply 500 tons per day of liquid green hydrogen by 2025 and 1,000 tons per day globally by 2028 - presenting a significant opportunity for the partners to drive scale and standardization in hydrogen liquefiers.

“Atlas Copco Gas and Process and Fives bring core expertise that complements Plug Power’s capabilities and vision to be a total end-to-end solution for the green hydrogen economy,” said Sanjay Shrestha, Chief Strategy Officer of Plug Power. “Liquefaction capabilities were the last major element we needed to complete our turnkey product suite for delivering green hydrogen plants globally.”Under the agreement, Plug Power will design, manufacture, install, operate and maintain hydrogen liquefiers for its own use and for third parties. Atlas Copco Gas and Process will design and manufacture custom turboexpanders and compressors related to the hydrogen liquefaction plants. Fives will manufacture the brazed aluminum heat exchangers and optimize their integration in cold boxes.“

“This collaboration is another step in our pledge at Atlas Copco Gas and Process to support decarbonization and net zero emissions by 2050,” said Robert Radimeczky, President of Atlas Copco Gas and Process. “To be able to supply a comprehensive solution in hydrogen liquefaction supports both our customers in the emerging new energy markets and the goal of climate protection.”“As a technological leader in the cryogenics market for over 60 years, Fives has been at the forefront of hydrogen for decades with over 45 references in this booming market,” said Frédéric Thrum, Deputy General Manager of Fives and President of the Energy Division. “In line with our ambition to decarbonize the industry, we are confident in our ability, together with Plug Power and Atlas Copco, to provide cutting-edge cryogenic equipment for high-performance hydrogen liquefaction plants.”

Link:

https://www.ir.plugpower.com/Press-Releases/Press-Release-Details/2022/Plug-Power-Acquires-Joule-Processing-Enters-Strategic-Collaboration-with-Atlas-Copco-Gas-and-Process-and-Fives-to-Expand-Offerings-for-Global-Hydrogen-Liquefaction-Market/default.aspx

From "Green Car Congress":

" Daimler Truck North America and partners to form JV for nationwide charging network for MD and HD commercial vehicles "

" Daimler Truck North America LLC (DTNA), NextEra Energy Resources, LLC and BlackRock Renewable Power (BlackRock) signed a Memorandum of Understanding (MoU) to lay the foundation for a joint venture (JV) to design, develop, install and operate a high-performance, nationwide US charging network for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles. "

This is about building out the infrastructure for refueling/recharging, across the U.S. Recall that Blackrock is a major PLUG Institutional Investor, with more than 45 million shares of PLUG.

https://www.greencarcongress.com/2022/02/20220201-dtna.html



JMI

Here is a nice article on the "Hydrogen Highway" across America, of which PLUG plays a major part:

" The golden spike: Completing a transcontinental network of hydrogen refueling stations in North America "

A little thinking outside the box, and it is happening.

Just FYI.

Thanks!



JMI

https://ihsmarkit.com/research-analysis/the-golden-spike-completing-a-transcontinental-network-of-hydr.html

On the contrary, this article is about Hyundai passenger cars.

It is irrelevant to PLUG, since PLUG is not in that market, how did you not know tis ?

PLUG is in Logistics and material handling, of course, and now on-road but with delivery vehicles and trucks, a very different case from passenger cars.

This issue has been discussed on here many times, that there will be essentially a market for passenger EVs and that FCEVs will be more suited to vans and trucking.

How did you miss that discussion?

Perhaps scrolling back on here, or doing a search will bring you up to speed ?

Thanks !



JMI

I have been there several times myself.

I had a very different impression, it seems a vibrant area in Upstate NY, and the upswing in the area is palpable.

In my discussions there, it is apparent that there is a very serious and concerted effort to turn that area into a Tech Hub and revitalize the area completely.

Not so different from what has happened in other areas of the country.

What is your country of origin, BTW?

You failed to mention it.

Thanks !



JMI

Then how did you get it ?

Or, why would be believe you got it ?

Also, let us know your country of origin ?

It's germane to the discussion, as you brought up regional familiarity etc.

Thanks !



JMI

Glad to hear your scans went well, Steve !



JMI

I never heard of PLUG doing and Executive Search for a new CFO this year.

Can you provide a Link to this information ?

And Latham is hardly a "backwater", the area has a long history of tech businesses like Kodak etc, over the decades, which led to the establishment of Technical Schools for training to fill these tech jobs.

PLUG is continuing this role, in establishing their Gigafactory near a big Technical School Campus, which will provide a mutually beneficial relationship for both, and for the community. After all, PLUG employs lots of engineers and tech personnel.

And Latham is near Albany, the NY State Capitol, which ensures easy access to the lawmakers who are involved in re-energizing the Upstate NY economy, of which PLUG plays a large tole. And NY Senator and US Senate Majority Leader Chuck Schumer doesn't seem to have any problem visiting PLUG's facilities, no "backwater" issues for him in traveling there.

BTW, what is your country of origin, that you seem so critical of the Upstate NY area ? You say you live in Canada, in Vancouver BC, that's about 3000 miles away from the Upstate NY area where PLUG is. And what is your country of origin ? Isn't it in Europe ? Or is it the Middle East ?

Just curious, as to how you could speak as if you have any familiarity with this region.

The clarification would be helpful.

Thanks !



JMI

Correct me if I'm wrong but I don't think any company, PLUG included, has their CFO in charge of company communications and PR.

Can you confirm your assertion here ?

Thanks !



JMI

The Strategic Oil Reserves were established decades ago.

And multiple Presidents, from both Parties, have tapped them in exactly the same circumstances.

It's a non-issue and a short-term solution to a Market extreme, that's all.

And when oil prices dip again, they are easily restored.

Thanks !



JMI

Well, I think you have to look at the fact that the $$ spent for oil and gas exploration has been declining for years, as countries start to phase out in favor of Renewables.

And the Paris Accords are accelerating that.

Personally, I would simply move all subsidies from Big Oil to Renewables instead.

A for Putin, the late Sen John McCain was correct, when he said Russia is "a a gas station masquerading as a country."

Thanks !



JMI

High oil prices help make alternative energy stocks more attractive, like this one.

And Administrations don't have control over oil prices.

Thanks !



JMI

Do you have a Link to this information you cited, regarding this alleged oil pipeline ?

Thanks !



JMI

Rather than talk about politics and personalities, which is futile, since we all have our own political opinions, and nobody is going to change anyone's views by posting on here, I prefer to focus on policies that directly affect PLUG and the H2 Sector.

On this, I see the Hydrogen subsidy in the BBB Bill as accelerating the reduction in the competitive price of Hydrogen.

And it will help companies like PLUG to expand their business.

Which will benefit it's shareholders.

Regardless of how anyone looks (paint yourself orange? World's worst com-over ?), speaks (even if it's "the best words, better than anyone ever had before, people are all talking about it, believe me ! Covfefe ! Yo-semite !)

All that is nonsense. It's policy that matters.

Thanks !



JMI

Yes, significant history.

But the world is turning to decarbonization, and PLUG represents a part of the solution.

As to subsidies, Governments worldwide are using them to jump-start the move to renewable energy. If the U.S. doesn't, then we will get left further behind.

The Hydrogen subsidies in the BBB Bill are designed to advance the timeframe for the price of Hydrogen to be competitive, and to build up the volume which will then sustain this competitive price by market forces alone. One established in this manner, the subsidies can be phased out.

This is nothing new, it's been done in a myriad of industries for decades, right ?

And the fossil fuel companies can hardly complain, given the fact that they have received enormous subsidies and favorable tax treatment for decades.

It's why so many of the major Oil Companies and the major Oil producing countries are now developing Renewable Hydrogen production.

Thanks !



JMI

Wrong !

The Trump Admin, was undoubtedly an Oil Administration, judged not just by the actions they took, but the fact that the Republican Party is controlled by Big Oil interests.

The Biden Admin has introduced Clean Energy Initiatives, Renewable Energy expansions, including $9.5 Billion in the Bipartisan Infrastructure Bill that's already signed into law, and the money is flowing for projects.

The "Build Back Better" Bill that is now being negotiated, and scheduled to be passed before Christmas, contains subsidies for Hydrogen Production.

That is a clear distinction between the two Administration's policies, removing all personalities/discussion from the mix.

I would think, as a person who owns a Hydrogen stock, you would know this, and support it.

As for the other things you raise, I am not getting into social program discussion on here, it is not relevant to PLUG or the H2 Sector.

Thanks !



JMI

That seems about right, as the PR mentioned delivering during the first Qtr of 2022.

Thanks !



JMI

If you are a "one time" believer I would assume you bought the stock at some point, so I have to ask, in what time frame did you own it ?

Because if it was any time since Jan 2019 or before, you should be thrilled, right ?

It dipped below $1.00 in Dec 2018, and ended the year at $1.24, to start 2019.

It Tripled in 2019, ending the year at $3.16, to start 2020.

Then it went Up 1000 % in 2020, ending the year at $33.91

So, if you bought anytime in that timeframe or prior, you would have made a bundle, right ?

When did you buy ?

Thanks !



JMI

Wow !

You are giving a "thumbs up" to a post that said that ?

That the company will be investigated by the SEC, and will be out of business in a year ?

On what basis do you think this is true ?

Just curious.....

Thanks !



JMI

Godspeed with your recovery, Steve !



JMI

Fertiglobe picks Plug Power to build 100MW green hydrogen electrolyser for Egypt plant. The plant will produce up to 90,000 tones of green ammonia"

https://renewablesnow.com/news/plug-power-to-deliver-100-mw-electrolyser-for-green-hydrogen-plant-in-egypt-762556/

That's a pretty big plant !

I wonder if PLUG will put out a PR about it ?

Thanks !



JMI

As the poster "Bobby" posted on PLUG's Yahoo board, this Ballard and Caterpillar thing is not new at all. It's a 3-year DOE demonstration project, that has been public knowledge for a while:

" Bobby 18 hours ago: For everyone trying to read between the lines of a DOE demonstration project with a 3 year lifecycle.. This is not some earth shattering new news, and changes nothing about our assumption that we have stated for some time now. This information has been in the public domain for over a year now..."

Link: https://www.energy.gov/sites/default/files/2020/12/f81/101973.pdf?fbclid=IwAR00-e09AbDMHjV1oRx2BEkHajBUyuQ7aoraPAMiqv8fmfn5oO6K-djUpKQ

I will add that, since we know that Microsoft has PLUG equipment that was shipped out for testing earlier this year, I think it was back in May, why, if they were settled on Ballard and had been engaged for years now, would they then ask PLUG for equipment to test ?

P.S.: Bobby has an excellent PLUG Facebook page for PLUG shareholders as well. The name is "Plug Power Inc. (Shareholders)." It is a private group.

Thanks !



JMI

I believe it is tomorrow.



JMI

What country are you originally from ?



JMI