I think it’s important to point out something that has changed in the press release published by Hydro Fusion since yesterday. Here is the changed text:
Hydro Fusion is looking for a Pilot Customer for the first ECAT 1 MW Plant to operate in Sweden. The customer will only pay for the energy produced by the ECAT, i.e. Hydro Fusion
and Leonardo Corporationwill take responsibility for all associated costs including: the plant itself, installation and any transportation costs. In return the Pilot Customer agrees upon
- Scheduled Installation time by late fall 2013.
- Hydro Fusion
and Leonardo Corporationto use the Pilot Plant as a Showcase where external customers can be introduced to an ECAT 1 MW in operation.
In the final event, I don’t know if it matters too much if an E-Cat plant is put into operation by a customer, but it appears from these changes that the project is being sponsored only by Hydro Fusion the E-Cat licensee, not directly by Rossi’s Leonardo Corp.