"Sydney, Australia, April 15, 2011 - (ABN Newswire) - Wasabi Energy Limited (ASX:WAS.AX) said today that Shanghai Shenghe New Energy Resources Science & Technology Co. Ltd, Wasabi's exclusive licensee for the Kalina Cycle(R) technology in China, has commenced the construction of a state-of-the-art Kalina Cycle(R) Laboratory and Testing Facility in Shanghai. The facility has been designed to assist in the testing of major components as well as the assembled power generation system for the Kalina Cycle(R) system with rated power outputs of up to 5,200 kW. The facility is scheduled to commence operations in the second half of 2011."
WAS Price at posting:
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