ERJ has marketed their technology, whereas WAS has only recently consolidated the ownership of Kalina, hence it is now ready to accelerate the marketing of the technology.
GGL could negotiate licensing or sigature fees in excess of the valuation of GGL!
Production of 50kW units are to be produce in China for Japanese market this year, and larger 1-10MW units early next year.
Siemens have recently installed two plants with Kalina and the uptime and efficiency far surpasses all conventional ORC alternatives.
The Kalina technology is valued at ~ $10m within WAS, whereas ERJ is valued at ~ $110m.
Google the number of research papers from around the world that confirm Kalina is superior to all ORC alternatives, and now that WAS has a commercial solution in the pipeline - look out.
WAS Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held