Thank you for your assessment @chocbloc, KPO is not a matter of...

Thank you for your assessment @chocbloc,

KPO is not a matter of if its a matter of when and IMO like your post suggests its going to be soon.

I can also confirm along with Sionpec we have 3x other large Chinese companies negotiating deals with the company in China at this time along side our JV partner SSNE. This can explain the "bolster capacity"statements made recently you can bet on it.

Also i believe there is a large opportunity which stone peak have connected for Kalina in north america but they simply cannot meet it just yet due to being so busy and don't want growth that is too fast so this has been pushed back somewhat but will be done. Just to inform you guys the companies business development pipeline is a lot bigger then they anticipated let them digest this and ink it.

SSNE has  a very large private and government base of power and influence and  they have been crucial from a administrative level however have done the right thing by handing over technical guidance to kalina US engineers. My bet is cement and steel is next.

" The People’s Republic of China is faced with unprecedented energy and emissions reduction challenges, in order to sustain the current rate of economic development. In light of these challenges, in recent years numerous public research institutions in China have dedicated immense effort and resources to identify innovative technologies suitable for improving energy efficiency and the generation of power from otherwise wasted heat resources. The key findings of many of these landmark studies have been published in leading industry journal publications including Applied Energy and various publications by the prestigious Institute of Electrical & Electronics Engineers (IEEE). The majority of energy research in China is focused on identifying and developing applied solutions for specific applications within energy intensive industries. One such area of focus is the energy intensive Chinese cement industry, which produces approximately 1.5 billion tonnes of cement annually5 , almost half of all global cement production. In relation to the Chinese cement industry, a recent independent publication6 by Wang et al. from the Institute of Turbomachinery at Xi’an Jiaotong University found that; “Compared with other cogeneration systems in cement plant(s), the Kalina Cycle® can achieve the best performance from the view point of exergy efficiency, and the ORC shows the lowest exergy efficiency under the same condition(s).” Demonstrating the superior performance of the Kalina Cycle® over competing technologies, including the Organic Rankine Cycle (ORC)".

Not much has been said about our JV partner so here it is below.

"Shanghai Shenghe New Energy Resources Science & Technology Co. Ltd (SSNE) is a developer of waste heat, geothermal and solar thermal power plants, specifically focused on delivering thermal power plant efficiency improvements. SSNE is experienced in a diverse range of energy intensive industries in China, and has assembled a team capable of delivering Kalina Cycle® projects. SSNE has access to research and development funds through Chinese government agencies and is building a project ownership capacity (BOO) by leveraging funds from it’s parent companies. SSNE largest shareholders include Shanghai Sheng Pacific Investment Management Co., Ltd and Shanghai Guo Sheng (Group ) Co., Ltd., with registered capital in excess of US$1.5 billion".


Cheers bonkers