Plug Power Inc (PLUG)

[uksausage]

My point is that PLUG is no longer trying to build a hydrogen infrastructure across the USA.
Their strategy now is :
a) Material handling power solutions - even more modern battery technology cannot beat their offering for medium to large warehousing solutions
b) Project by project electrolyser sales for OTHER COMPANIES, especially in Europe where a number of partnerships keep bringing in repeat business
c) Selective US Electrolyser sales which may include large warehouse sites (Amazon) for on site generation of the hydrogen they need
d) High pressure gaseous tankers and storage not just for hydrogen

It seems that the overheads that were attributable to the older strategy of producing H2 themselves were fundamental to their non stop losses. SO loking forward to much better financials now