In the fall of 2018, the German government announced it would provide about EUR 6.4 billion between 2018 and 2022 under its 7th Energy Research Program. This is around 45 percent more than what it allocated to the prior program from 2013 through 2017. The new budget reportedly includes funds for living laboratories and projects involving fuel cells, energy storage, hydrogen technologies and energy systems integration.
At first glance, the figures for the first quarter of 2015 turned out to be disappointing: a loss of US$11.1m. with a turnover of US$9.4m. (+ 69% compared with the same quarter in the previous year). However, Plug Power (PLUG, US$2.65) has also succeeded in generating an orders backlog of US$160m. (US$46m. in the 1st quarter, goal for this year: US$200m.). 265 GenDrive systems have been accounted for, while the accounting for a further 419 has been delayed to the second quarter. One H2 filling station has been accounted for while seven are to begin their duties in the second quarter (2014: 10 H2 filling station installation, there are to be more than 15 in 2015). As stated by the executive team during the telephone conference, the turnover is set to