Plug Power Inc (PLUG)

[Good Timer]

Plug Power Reports $72.0 million in Revenues and
$73.7 million in Gross Billings for Q1 2021
Up 76% and 71% Year over Year

https://s21.q4cdn.com/824959975/files/doc_financials/2021/q1/Q1-2021-letter-6.21.21-FINAL2.pdf

Reaffirming Recently Raised Gross Billings Targets for 2021 and 2024

- Announced global strategic partnerships with Renault,
SK Group and Acciona
- Completed $2 billion+ capital raise, largest bought deal in the
cleantech sector
- Announced plans to build North America’s largest green hydrogen
production facility in Western New York
- The build out of our green hydrogen generation network will make
hydrogen more ubiquitous and will help accelerate multiple applications
beyond our core market of material handling. This includes mobility, large scale stationary power, and data centers as our customers are looking for green hydrogen solutions.
- Completed $1.6 billion capital investment from SK Group
- Announced the selection of Rochester, NY as site of the world’s first PEM and electrolyzer gigafactory which is expected to be in full production by the fall of this year