ZENERGY - a positive announcement but how about some idea of potential monetary value?
The so called Fault Current Limiter (`FCL’), instantly detects and absorbs spikes in power which may damage electrical equipment or cause partial or total power failures on an electrical network.
Con Edison is a subsidiary of NYSE quoted Consolidated Edison, Inc. [NYSE: ED] so it’s a big vote of confidence from a big utility!
Zenergy expects to deliver the prototype by the end of August but frustratingly no details whatsoever were given…
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