Industry: Energy saving and environmental protection Region: Finland Transaction Price: $10 million Transaction method: equity investment
The Finnish clean technology company has developed an innovative home shower solution that saves up to 40 percent of home energy consumption. Regardless of the heating method used, this energy efficient solution can be installed in most apartment buildings, townhouses, hotels, spas, sports centers, etc. Tools are maintained.
Details: The Finnish clean technology company has developed an innovative home shower solution that can save up to 40 percent of home energy consumption. Regardless of the heating method used, this energy efficient solution can be installed in most apartment buildings, townhouses, hotels, spas, sports centers, etc. The solution can be easily and quickly installed during the construction or renovation phase, is simple and safe to use, and requires no special tools for maintenance. After extensive testing in specific environments, the solution has been recognized by leading Finnish scientific research companies.
Technical advantages
Hot water accounts for 60% of the water used in the shower, and because the hot water in the shower is not being used fully, 20-30% of the energy is wasted in the drain. According to the company's calculations, the solution saves 40 percent of energy. At Finnish electricity prices, the payback period for a family of four is 2.9 years.
Cooperation needs
The company is looking for a clean technology or energy partner willing to license the technology. In the cooperation, the company will grant partners the right to use the company's patented technology. Using this technology, partners will gain a competitive advantage in the local market without having to spend the time and money to develop the technology themselves. The company will provide training and support to the partner during the technology transfer. The collaboration will take the form of a license agreement and the exact details of the collaboration will be negotiated between the company and the partners.
The partner can be a company that manufactures shower rooms or shower floors or an integral sanitary ware manufacturer. The ideal partner should have the ability to open up local markets and the relevant expertise and experience to bring technology to these new markets. In addition, the partner should have the skills to install, maintain, and support the required technology. The Finnish company will provide relevant training and support in technology transfer.