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but have failed due to inferior products. It is for this reason that they are trying to rebuild trust in the market. Interview Details: • Bosch has been developing ORC technology for the last 10 years o They have finally brought something into the market that works o 2 years ago they started serious production of this device o They see a lot of “burnt ground” in the market o Lots of small companies coming into the market and then not performing as well as they should have o They are trying hard right now to build up trust in the market o The main obstacle is not the investment that people have to make but the lack in the trust o The market still depends at least in part on subsidies in Germany (projects only viable because of the subsidies) o Their technology only works with water and can work with really low technologies like 90 degrees C They work with CHP plants and biogas and the heat sink is the ORC • He’s not a mechanical engineer either but every percentage of efficiency can change the dynamic very substantially so our technology could be very interesting • At this point in time they are more focused on sales and growing their business o Once they have done that they will look at other technologies • Their core competency is the system design as opposed to the component creation • It’s important for us to look at the component developers first before we talk to a company like Bosch about system design [No Picture Available] Interviewee: Name: Hank Leibowitz Title: President Company: Waste Heat Solutions LinkedIn (or other key website): http://www.wasteheatsol.com/bio.html Email: hank@wasteheatsol.com Phone: Date: October 31st, 2012 Interviewed By: Paul Source of Interviewee: Targeted Outreach Referrals from Interviewee: Energent, Lance Hays Interview Keywords: Supercritical Cycle, TAS, Ormat 51PDF Image | ElectraTherm Commissions 10 Green Machines
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