Cc notesTV1 delayed- Q4 commissioning is underway- start up Q2 2015
TV2 - order will be shipped in Q4
GE- marketing agreement signed- current LNG is $15 mcf- syngas is $3mcf
- Yes GE turbines are showing increase in performance with no long term problems.
- could see contracts in 2015
- GE is not the only company NRG can use (Caterpiller, Semins)
GES- China has passed 4 public votes as many do not want incineration. The delay is mostly from increased air polution regulations (should be Q4) (12months start to finish-13- 20 million)
Everbrite- China (same major shareholder as NRG) 40x bigger than AirProducts- Mostly incineration now looking at evolving into gasification. This could be the buyer of NRG.
Smaller projects- hazardous waste, medical waste in India and China- turn key 15 million a piece could accelerate. Open House soon- over subscribed. Going to add staff to push this program in 2015.
Tiland -Waste2tricity a royalty stream $1million to be paid in Q4
Barbados- 2015 contract.
Looking at a Nasdaq listing once the stock reaches those milestones.
Roth capitol- Q4 will be Mini 4 mill rev. A number of large projects are waiting for TV success. There are incinerator permits that are on hold and may choose Gasification instead. A project in Costa Rica announced by the Govnt but not NRG
Scarsdale- EU is outlawing landfills and offering lots of credits. Costs are decreasing and margins are firming.
1 million A year reoccuring rev from replacement parts, each TV size project.