Plug Power Inc (PLUG)

[Jack_Bolander]

Key Points for me from the earnings call:

- Record losses
- Every Major Capital Project for PLUG is delayed 6-12 months (at least)\
- Georgia is producing hydrogen, but no liquification
- They are "learning as they go"
- Hydrogen production is complex and time and labor consuming
- People in Georgia don't work construction when its hot (we didn't know this 3 years ago)
- The Georgia facility is behind schedule and over budget
- Hydrogen is expensive to produce
- PLUG won't break even until Q-4