« Arotech's Batteries and Power Systems Division to Develop Zinc-Air Batteries for UAVs for Major US Agency | Main | Infectech, Inc. Signs Deal With Gannon University to Build Hydrogen Bioreactor for Affordable Alternative Energy Source »


       

Nathaniel Energy Moves Toward Completion of Final Testing of Thermal Combustors in Italy Project

Nathaniel Energy Corporation (NECX) entered into an amendment to its agreement for the waste- to-energy power plant project in Cologna Veneta, Italy, resolving the contract issues announced on November 2, 2004.

Under the amended contract, the Company received $300,000 at the time of signing, and will receive $750,000 upon the completion of final testing of the first Thermal Combustor(TM), and will receive $1,050,000 upon the completion of final testing of the second Thermal Combustor(TM). Nathaniel Energy will also receive $275,000 for reimbursement of shipping and handling costs upon the completion of final testing of the second Thermal Combustor(TM). [ more ]



was posted on AltEnergyStocks.com.


       

advertise here


Oil and Gas





Featured Companies











Oil and Gas


Search This Site


Subscribe to this Blog

Enter your email address:

Delivered by FeedBurner


Subscribe by RSS Feed



Twitter Headlines

Categories