BRIEF-Plug Power expects to achieve 35-40 pct of expected revenue for 2015 by the end of June - conf call May 11 (Reuters) - Plug Power Inc : * Will achieve close to 30 percent gross margin in gendrive business by end of 2015- conf call * Targets $400 million in bookings in 2015- conf call * Becoming more focussed in European union - conf call * Says by end of first-half of 2015 will complete 4 sites for Wal Mart Stores Inc in 2015 - conf call * Expects to achieve 35-40 percent of expected revenue for 2015 by the end of June -conf call * Relion is expected to show good progress this year but will still be 6-8 percent of sales - conf call * Do not see any significant decline in the average selling price for gendrive next year - conf call |