Re: Amita Technologies
in response to
by
posted on
Dec 19, 2016 01:36PM
(Edit this message through the "fast facts" section)
That was me posting on Stockhouse, I couldn't get on here, finally back. We also have to consider Delta electronics, they are another major shareholder of Amita. http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.deltaww.com%2FSolutions%2FCategoryListT1.aspx%3FCID%3D0101%26SID%3DALL%26hl%3Dzh-TW This is another major company and they use batteries in many of their projects/products as well. Too much to provide here you will have to investigate them on your own to see their potential. http://delta-americas.com/Products/CategoryListT1.aspx?CID=18&hl=en-US It looks like, based on what we have already seen, Amita is adding another cell production line but this was already in the works and suppose to come online now so with this new buy in it looks like there will be further expansion. It looks like the new line will produce 30Mwh per month so 360Mwh per year and that is probably one shift so could be doubled if needed. http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.winner-tw.com%2FSQLPage%2FNewsInto.asp%3FNews_id%3D176986%26action%3Dassign%26CompanyName%3D%25e6%259c%2589%25e9%2587%258f%25e7%25a7%2591%25e6%258a%2580 If this is all accurate that puts them right at about 1Gwh per year with Litarion (Sankar stated the Litarion capacity would be about 600-700 Mwh with the improved energy density). I realize I am making some assumptions here but I think they are based on sound information. Most of this information is factual, energy absolute is making this investment and has shown their intension for energy storage in 2017 and Delta electronics is also a major shareholder of Amita as well. These are facts and I believe if announced by Electrovaya would have sent the SP soaring.