Business Offer
POD Reference:
BOFI20191025001

 Finland
2019-10-29
CONNECT
Title
A Finnish manufacturer of a high-efficiency energy converter is seeking a partner to enter the German market, with a commercial agency or financial agreement.
Summary
A Finnish company develops and manufactures energy converters that convert exhaust gas heat of the engines or gas turbines into electricity with high-efficiency. The company is looking for a partner in Germany, that has practical experience and knowledge on German engine power plant and bio-gas plant markets and is capable to sell energy converters to engine power plant owners. The partnership could range from a commercial agency agreement to partial ownership with a financial agreement.
Partnership sought
Types of partnership considered:
Financial agreement, Commercial agency agreement
Type and role of partner sought:
The company is looking for a partner with practical experience and knowledge on German engine power plant market. The partner should be capable to find customers and sell the energy converters to them. The partner should also have an existing network and subcontractors for implementing customer projects.

The partnership could range from a commercial agency agreement to partial ownership with a financial agreement; the company is open to discuss with the partner the exact form of the partnership. The company is preferably seeking a long-term partnership, to help them enter into the German market and to further develop the company and their technology.
Interesting countries
Restrict dissemination to specific countries: Germany
Description
A Finnish technology startup company is a developer and manufacturer of waste heat recovery solutions. The company's energy converter generates electricity from flue gas heat of engines or gas turbines with high conversion efficiency. The energy converter increases electricity production of engine power plant without increasing fuel consumption. The energy converter can utilize over 300 degrees of exhaust gas heat and has higher energy conversion efficiency than the competitors on the market. The converters are suitable to be installed to 400...1000 kWe engine power plants.

The company sees high potential in the German market and they are looking for a partner that has practical experience and knowledge on German engine power plant or waste heat market and is capable to find customers and sell the energy converters to them. The partner should also have an existing network and subcontractors for implementing customer projects. The partnership could range from a commercial agency agreement to partial ownership with a financial agreement. The company is open to discuss with the partner the exact form of the partnership. The company is preferably seeking a long-term partnership to help them enter into the German market and to further develop the company and their technology.
Advantages and innovations
The company's technology increases electricity production of power plants without increasing fuel consumption and brings additional revenues for engine power plants' owners.

The core energy converter technology of the company is based on four decades of world-class research and know-how of the high-speed technology of a Finnish university. The key elements of the technology are the uses of high process temperature and high rotation speed of turbogenerator and the advanced bearing solution that enables to achieve benefits when compared to other waste heat recovery technologies.

The key advantages of the technology are:
- high energy conversion efficiency (up to 20%)
- low life-time costs
- long technical life time.
Stage of development
Available for demonstration.
About us
Type and size: Industry SME <= 10
Year Established: 2014
Turnover (euro): <1M
Languages spoken: English, Finnish
Origin: Finland


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