With us today is Dr. Chris D’Couto President of Neah Power Systems, a developer of fuel cell power solutions using proprietary, award winning technology for the military, transportation, and portable electronic devices.
The thing to remember about these projects is they are pilot projects, if they are successfull which we assume they will be then each of these utilities will be ordering multiple units. Electrovaya states they are talking to many utilities all over the world. When you consider that 10 of these containers is the equivalent of 12,000 vehicles you can see why they are so excited. I believe the profit margins are higher with grid storage as well.