New Investments Tom Darden, CEO of Industrial Heat, signed a cooperation agreement with a newly created strategic financial center in Beijing. The “Technology Ministry of Science and Innovation Park” will participate in technology transfer with 20 companies from the U.S. This sparked fear that the E-Cat technology recently patented in the U.S. would somehow become the sole property of the Chinese government. However, these ideas were assuaged, and China invested the equivalent of $121 million USD in LENR technology.
$121million - must be something real going on there...
I am a retired electronics engineer, educator, businessman and builder of micro hydro installations for fun and sometimes even profit. This one uses a pump/motor as a turbine/generator using a 200 ft waterfall in our back yard. It is currently producing 15KW. I will be tweaking it to take advantage of greater winter flows.
It's not the product, but the process... I enjoy doing the most with the least. So this renewable energy source cost less than $2 per watt of capacity not counting any labor and engineering.