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

CommercialFínskoBOFI20191025001
Offers
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.
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.
Type (e.g. company, R&D institution…), field of industry 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.
Stage of Development: 
Available for demonstration
Comments Regarding Stage of Development: 
The functionality of the technology has been tested with a full-scale prototype. The company is currently delivering a demo project to a Finnish customer. The company has a LOI (Letter of Intent) agreement for delivering the commercial scale product to a customer. The commercial product will be introduced in the market by the the end of 2020.
IPR Status: 
Patents granted
Comments Regarding IPR Status: 
The company owns comprehensive IP rights over the technology including several granted international patents and utility models.
External code: 
BOFI20191025001