Plug Power Inc (PLUG)

[uksausage]

wow Ballard results just terrible.

I thought increasing production to meet demand would be theri issue for 2021, but they are just not closing the volume of orders required.

12 month back log decreasing in a a growing market is not good.

only sector that grew was the orders by PLUG for spare parts in the systems delivered to Walmart years ago. These will soon be replaced as the PPA deals get to their 7 year end of life and PLUG can replace what they originally bought with more modern and cost efficient GenDrives.

may listen to the call on ballard see why they aren't getting the volume orders - I know buses in the UK are going H2 so why only 50 orders?