New slide show from the Industrial Heat
Seems like IH is looking to squeeze some money out of some Chinese investors.
Page 10, the one all written in Chinese, is a small and rough outline of a business plan with land need and expected profit.
They divided the project in 2 phases.
a) Supply of 20Ft container power modules (1 MW each) to power plants for electricity production (to offset coal consumption)
They expected production of 1800 containers every quarter to transform 3 power plants every quarter from coal to LENR.
b) Production of Thermal Heating Machines (no power) , 10.000 pieces each quarter.
Expected sales for Phase 1: 50.000 pieces each yearProfit on each container : 30.000 RMB (about 4.500 USD)
Expected yearly profit first phase : 1,5 Billion RMB (225 Million USD)
Total land needed for Phase 1, 4.000 Acres.
Production of portable electric generator from 1 MW to 3MW and medium size electricity generator from 10MW to 20 MW.
Area needed 3.000 Acres.
Lately I have seen quite a lot of these attempts to get Chinese government financing for unrealistic or unproved projects/technologies.
The bad news for IH is that China government is tightening more and more the approval process as they learn from past scam and failures.
Let's see what will happen, more popcorn time I presume.