Enertime: new contract hailed











Photo credit © Reuters


(Boursier.com) — Enertime climbed 7% to 1.88 euros after the announcement of a contract signed with the Bulgarian company Kimtech Grup, for the supply of a high temperature and high efficiency ORC of 1.1 MW for an incinerator in the city of Varna in Bulgaria. Gilles David, CEO of Enertime, said: “The increase in the price of energy on the European market is accelerating the deployment of ORC solutions, Heat Pumps and gas expansion turbines of our company. Central Europe and the Balkans is a region of Europe where Enertime’s solutions are particularly appropriate”.

“A contract of around 3 ME in our opinion”, emphasizes Portzamparc who believes that energy efficiency solutions are increasing their relevance, supported by the high prices of electricity and the carbon tax… Enough to aim for a course of 3.10 euros remaining on purchase.


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