From http://freeenergynews.com/: Don Grant
of South Shore Energy Generation in Ontario, Canada gives an update to
the progress of Gamma Managers' Energy by Motion (EBM) motor, saying a
10 MW production prototype exists and is for sale. (PESWiki;
Jan. 3)
South Shore Energy Generation of Ontario, Canada is looking to purchase several 10 MW EBM generator units from Gamma Managers, and is interested in securing licensing rights for North America.
On Jan. 3, 2007, New Energy Congress member, Sterling D. Allan wrote:
I just got off the phone with Don Grant of South Shore Energy
Generation in Ontario (in business 5 years). He said I could publish
the following information.
He said that EBM has a 10 MW prototype running, which has been
witnessed by at least 5 engineers in Budapest. They are in process of
translating the blueprints into English ($25k), slated to be done in
March 2008.
He said that McDonald Steel in Cambridge Ontario is contracted
to manufacture the units. McDonald owns Tiger Cat. The units will take
10-13 months to manufacture.
The device is undergoing CSA approval, which is expected to be
completed in March. The components going into the device are all CSA
approved.
Don, who has been investigating EBM for 5 years, is scheduling
to go in with 5 people this month to see the device; and he invited me
to go as well (under NDA). The entourage will include 2 engineers, a
lawyer, Don's replacement contingency.
He said the device requires 5 MW to start up, and produces 10
MW continuous plus heat (e.g. could be used in conjunction with a
greenhouse).
Don has two investors who have paid 25 mil. each, to purchase
two 10 MW units (pending the outcome of their inspection in Jan). He is
looking for two more investors, to buy two additional units.
He thinks he can get 28 cents/kw-h from Ontario Power
Generation, which would give him a one year return on investment. He's
offering his investors a 20% return, plus 1% of the business for 5
years, which would probably come to around $3 million/year. If he goes
off shore, he could get much more.
Ontario (http://www.energy.gov.on.ca/index.cfm?fuseaction=renewable.community) is paying 14 c/kw-h for wind, and 42 c/kw-h for solar.
Don owns a security company and a leasing company and a
maintenance company, all of which he will put to use in installing the
unit in an underground bunker.
The unit can run continuously except for two days of the year when it needs to be inspected. It carries a 40 year warranty.
The company is working on a 225 MW version.
...
Source: South_Shore_Energy_Generation_interest
