RE:SHRC/ETSThis is what I call "news". Although, it looks like we were the last ones to know (volume was brewing for days), this is a new initative in my book. I also like that there is finally some stats behind the efficiency of the product! Since, they have installed one before, I feel this is different than the Chinese deal. I'm looking forward to updates on Renew and ULC certification.
Remember we're still at .185 cents pre-consolidation.
There is still work to do to get this thing up.
I'm cautiously optimistic.
young_spanky wrote: This is a great announcement for SHRC and a very promising looking partnership. It would be helpful to know the financial details of the licensing agreement and what exactly that entails $ and % wise, but it shows things are rolling out well.
"ETS anticipates installing approximately 20 PIRANHA™ units in the current fiscal year followed by 27 and 36 units in the subsequent two fiscal years, and 4 SHARC™ installations in the current fiscal year, with 6 and 8 units in the subsequent two fiscal years."
ETS previously represented SHARC in its inaugural project in Australasia; a SHARC wastewater heat recovery system installed for the Australian Wool Testing Authority (“AWTA”) in Melbourne. AWTA is the largest wool testing organization in the world and uses a significant amount of hot water in its testing processes. ETS provided AWTA with SHARC’s patented heat recovery system to capture the tremendous amount of heat lost down the drain, which provided AWTA with a forty-two percent reduction in gas consumption and equipment payback of less than three years.
https://etsprojects.com.au/case-studies/sharc-waste-water-heat-recovery-awta-melbourne/