Ripasso Energy AB – license applications information and revenue forecast for 2018
In the of spring 2016, Ripasso Energy AB (“Ripasso Energy”) entered into a framework agreement with the Italian company Horizon S.R.L. (“Horizon”). Under the agreement, Horizon will be responsible for the development and completion of solar hybrid projects on Sicily, in which Ripasso Energy will act as technology provider. 22 projects have so far been applied for and Ripasso Energy expects to start production of at least 100 hybridized Stirling engines during 2017, with final delivery during 2018 generating a forecasted revenue for Ripasso of 4.8 MEUR. At the time of the