From past research I think that the Sterling options are just CHP not MCHP (ie generally much larger commercial scale units). Also from what I could find they are much more expensive on a per unit basis.
The only thing they appear to have over CFU, is the backing of a much larger company.
I think the NUON decision was a pull out of the tech not an investment into something else.
In reality the CFU product is a cost saving device for utilities not vice versa.
My view is that the NUON back out was merely the new co looking to make any cost savings possible and re focus on core business. CFU & MCHP is still probably seen as R&D and playing at the edges.
I am not sure whether I will take up my entitlement or not at this point, however I do think that there will be some good news around the corner.
CFU Price at posting:
7.0¢ Sentiment: None Disclosure: Held
