RE: RE: 150% rise today - only the start27 Jun 2022 22:42
I think you've all been well and truly suckered by a carefully worded RNS
"... provide an update on its Waste Heat recovery (WHR) system.
The WHR is a major component in the application for the Volvo Marine engine and other heat recovery applications the Company has been working on whereby waste heat exhaust is recycled and converted to energy"
A muddled mix of the use of the phrase " Waste Heat Recovery" and the word system.
Previously it was the Volvo WHR system, this RNS refers to the WHR as being a major component of the Volvo application therefore it is not the finished prototype.
Reread this RNS very carefully. This is the heat exchanger element that supplies the Stirling engine, the other major component. It then follows that 30 kW is thermal energy recovered supposedly extracted from some unknown source. The figure by itself i.e. without qualification is meaningless.
To add to the mix Lennigas has inserted 30 kW electrical. He has specifically stated electrical in his Tweet ..... WHY ??
So there is no completed prototype as promised for Q2 and any performance figures or sensible description of the system remain, as always an utter mystery.
You have been warned !
Read, digest and learn