Hi all
I just love the wording of the comments in this article on the 25th Jan:
"The likes of AFC Energy , Acta , Energetix and Ceres Power have all failed to convince the market so far with their variations on clean energy generation. Some analysts believe Ceramic Fuel Cells may be closer to the Holy Grail of commercialisation than most, given its model of fuel-cell-driven combined heat and power units which can be sold to utilities looking to build diversified sources of generation, and this week it announced sales of 100 units in Germany. "
http://www.investorschronicle.co.uk/2012/01/25/shares/news-and-analysis/reality-check-for-alternative-energy-qnloxCkK9toHMyftOgtcrI/article.html
I know I'm a late comer to this story (i.e. only entered last week) but I really do like this story.
I'm just trying to get a better understanding of the EON agreements in the UK. From what I have read am I correct in saying that from this year EON are to purchase up to 100,000 units of BlueGen over the next 6 years from 2012?
http://www.fuelcelltoday.com/news-events/news-archive/2009/february/eon-and-cfcl-extend-microgeneration-collaboration
The article was from 2009, so I was wondering if this is still the case or have other agreements with EON taken over?
If it is true - does anyone know the price EON are willing to pay - or are we still too early in this trial process to get an understanding of this yet?
I'm just trying to better understand the potential revenue potential of this relationship? And when it is expected to start up in scale. I do know that late last year EON ordered more units, but just trying to better understand the big picture and therefore potential future market cap valuations.
Cheers
Hevlet
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