2015 has been an interesting year with quite a few interesting projects. Until now ERK and its licensees won 40 boiler and heater projects across various industries and with fuels, including waste, biomass, multi-fuels, heat recovery, coal and gas. In addition to our traditional business ERK continued to enter new markets, such as concentrating solar power and geothermal, and is strengthening its position in rapid response boilers to compensate intermittent renewable generation.
The year also brought some changes to the ERK licensee network with Sitson and DFPS from India as well as Bangkok Industrial Boiler (BIB) from Thailand leaving it. With this decision Sitson, DFPS and BIB are not allowed to sell corner tube boilers under the ERK trademark or use our references for sales activitis. LAWI Engineering from Germany, Eralp Kazan from Turkey and Martech Boiler from Vietnam joined our licensees network in 2015 and we are looking forward to new projects with them.
In 2015 we have started the development off various new products which we plan to introduce in 2016. These include rapid response boilers to compensate intermittent renewable generation, weight and volume optimised marine boiler, thermal energy storage and flue gas condensators. We believe that these products are required to meet the changing demands of the local and global energy market and are looking forward to commercialise them with our licensees. 2016 is going to be interesting!
