EN3 | Updates

By EN3-Team

EN3 and Market Leader in Biogas Plants Reach Agreement on Dozens of Potential Systems




Dear Companists,

Having received a multi-million investment recently, we are very pleased to inform you today that we have reached another milestone and have come to an agreement with one of the largest German biogas plant operators on the installation of a pilot system.


Installation of a Pilot System

In addition to the usual contractual terms, the agreement authorizes EN3 to use the system for the purpose of representation and customer acquisition for a 5-year period. The total investment necessary for the pilot system is in the upper five-digit range.

Once we have received all official permits, we intend to put the system into operation in May/June of 2015. We have already ordered all components necessary for the system's assembly. 


Additional Order for 40 Systems Possible

However, this may only be the beginning of a great development because our contractual partner intends to equip another 40 identical plants with our system if the installation of the pilot system is satisfactory. In other words, this would be the start of serial production.

The production of such completely identical systems would be a quantum leap for EN3's development as a company, particularly in regard to production costs. Indeed, the cost of planning would have to be paid only once, whereas the advantages concerning procurement and production costs of identical components would lead to a significant decrease in the cost per system for everyone involved.


German Renewable Energies Act Forces Plant Operators to Optimize Systems

Biogas plants are also perfectly suitable for demonstration purposes as a large number of plant operators are forced to further optimize their plants because of the new German Renewable Energies Act (EEG). This is certainly an advantage to us.

We are glad that we will soon have the opportunity to demonstrate our expertise and to present our innovative systems for carbon-free power generation from unused residual heat and waste heat to a large audience.

At this point, we would also like to thank all Companists for the many nice wishes and feedback after the investment we received from the European venture capital fund!


Best regards,

The EN3 team



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