Cyclone Power Technologies has signed a license agreement with Renovalia Energy SA, based in Madrid, Spain. Under the agreement, Cyclone will work with Renovalia to design a compact, high-efficiency Schoell Cycle external heat engine to be coupled with Renovalia's proprietary thermoelectric solar stations.
Renovalia plans to manufacture prototypes and then, if tests prove viable, production models of the engine – called Cyclone Solar I – could be deployed worldwide with their solar stations within a year. The license provides for Cyclone to receive up-front design fees and ongoing royalties for its engines.
SOURCE: Cyclone Power Technologies
