Tricorona helps Opcon ramp up its environmental exports

10 July 2009

Opcon, the energy and environmental technology group, and Tricorona, a trader in environment-related market instruments, have teamed up to export Opcon’s environmental technology.

The carbon credits generated via the Clean Development Mechanism Clean Development Mechanism, established under the Kyoto Protocol, will be bought and managed by Tricorona.

The partnership agreement focuses on the sale of Opcon Powerbox and Opcon’s technology for generating carbon-free electricity from waste heat. The pair have already taken steps to infiltrate the Chinese market, where large amounts of waste heat are generated.

‘Through additional financing based on the CDM we can help Opcon to reach new customers around the world. With financing from the CDM scheme this type of new, state-of-the-art environmental technology from Sweden can be made available to developing nations who are expanding their energy systems,’ said Marco Berggren, head of tech transfers at Tricorona.

Per Hedebäck, head of Opcon’s Renewable Energy business area, said, ‘This is yet another stage in Opcon’s international expansion strategy. Tricorona has an extensive network and with its knowledge of upcoming energy projects in several developing countries the company will be a good partner for Opcon both in finding customers and securing financing. In general teams they can account for around 3-4 per cent of the investment cost per year, which can correspond to around half of the customer’s interest costs for their investment in our equipment.’

Opcon recently acquired a 28 per cent of its Australian distributor.

Copyright © 2009 NewNet

Tags: energy efficiency

This story was published on Friday, July 10th, 2009 at 12:43 pm and is filed under Asia, Europe, companies, energy efficiency. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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