September 9 -
Kender Energy Signs Major Distribution Agreement Aimed at the State of California's $2.2 Billion Solar Initiative Budget
Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a multi-year distribution agreement with Sun's Free Solar, a California-based corporation specializing in the deployment of Clean Energy Production.
The State of California has attributed a total of $2.2 Billion US for its Solar Initiative with $1.7 Billion US going directly to Consumer Incentives with the objective of converting 1 million homes to solar energy by 2016. According to the company, the tax incentive, the cost, and overall savings provided by solar energy will enable consumers in California to quickly adapt the Kender Energy's solar technology.
"We are grateful to be working with such a progressive initiative started by Governor Arnold Schwarzenegger," said Sean Kelly, President & CEO of Kender Energy Inc. "Our revolutionary solar technology places us at the forefront of the million home program and we expect a large market share for our company as the program continues to be deployed."
About Kender Energy Inc.
Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.
Company Overview
Kender Solar is a development phase company working on a solar panel with the world's cheapest kWh output. Kender is working on prototypes, which should have an installed cost of US$ 0.70 per Watt and an energy production cost of US$ 0.07 per kWh.
Kender Solar can provide a clean, green and viable response to the energy needs of today.
The Kender Solar solutions can be applied in several fields, ranging from autonomous electricity production to home heating.
No consumables.
No CO2, no other emissions.
100% green.
High efficiency.
Accessible to every individual.
Not dependent on weather conditions.
Works day and night, fully silent.
Very little space used (outside only).
Efficient down to minus 70 C°.
Similar to a heat pump or a Sterling engine.
The Solar Technology of the Kender Engine
Phase 1
Helium (He) is stored in a small tank at 200 atmospheres and runs in a closed circuit (phase 1)
The helium is released out and spins the main turbine, such as in a classical compressed air engine, and generates electricity.
Phase 2
Helium, subsequently, drops from 200 atm to 20 atm (Phase 2) and its temperature drops from 20 C° (69 °F) to minus 240 C° (minus 400°F).
This temperature drop is a consequence of the law of perfect gases (Pressure * Volume = N * r * Temperature), where the temperature drop is proportional to its pressure drop (pipe is illustrated in white).
Phase 3
A compressor pushes the low pressure and low temperature helium into the solar panel (Phase 3).
This compressor consumes energy for creating this continuous gas flow and maintaining the low pressure before it.
Phase 4
In the heat exchanger, the helium moves from its very low temperature back up to 20 C° (69 °F) by heating due to the temperature of the air surrounding the solar panel (Phase 4).
As the helium moves back up in temperature from -240 C° to 20 C°, its pressure builds back up to 200 atmospheres (Phase 4).
This is again the application of the law of perfect gases (Pressure * Volume = N * r * Temperature). The surrounding air, obviously, will drop in temperature, as it transfers its thermal energy to the helium.
Phase 5
As a result, the helium has run a full circle in the closed circuit, back into its initial position at its original temperature and pressure (Phase 5).
This full circle allows the main gas turbine to receive a continuous flow of helium and to spin as long as the compressor (Phase 3) keeps the helium in motion.
The main property of the Kender engine is that the energy produced by the main turbine is 5 to 6 times higher than the energy needed for the compressor to generate and maintain the gas flow.
This difference in energy is provided by the air temperature differential heating the helium. In summary, the Kender Engine runs on cold air, by using efficiently its thermal energy.
Applications
Residential & Office Buildings
Heating, hot water and electricity costs for a standard home can be 5,000 US$ per year. These costs can be brought close to zero with Kender Solar's system.
Just the expenses for home appliances, without heating and hot water cost in average up to 1,200 US$.
These costs can be brought to zero with Kender Energy's system.
The same applies to office buildings, swimming pools or air conditioning.
Competition exists from outdated systems (gas, coal, fuel, heat pumps), which are a cost center.
Kender's system, under license allows the owner to cover his energy costs and create a surplus of production, shared with Kender.
Greenhouses
Energy costs for greenhouses is 40% of their annual budget.
Kender can reduce that cost by 70%.
The heating system in the greenhouse is the key component to making a profit or not.
Kender Solar's system can quadruple a greenhouse's profit.
Competition from outdated systems (gas, coal, fuel, heat pumps).
Data Centers
Need cooling even more than power to run the servers
More than 7,000 data centers in the US today
More than 15 million servers in the US by 2010
Cloud computing will require growing numbers of data centers due to local regulations
Independent Electricity Production
Decentralized energy production
Creation of energy farms
Electricity is produced at prices in the range of 0.07 US$ per kWh
Electricity is sold to the grid at 0.09 to 0.12 US$ and up to 0.45 US$ in subsidized environments.
Income is immediate, even with a limited number of units
Management
Sean Kelly, Chief Executive Officer
Mr. Sean Kelly, 43, CEO and founder of StockTargets Ltd, an investment banking firm, specialized in early stage companies. In the past, Sean has worked, mostly as a financial analyst, for LODH & Cie, the well known Swiss Bank, Bank SCS Alliance, Bank Edmond de Rothschild's and the brokerage firm SG Warburg. He has been a columnist for the financial press and a radio host.
Sean Kelly founded Kender Solar and structured it's financings and stock market listing.
Jean Cousin, Chief Technology Officer
Mr. Jean Cousin, 66, is the inventor of the Kender technology. Jean taught robotics and electronics for 13 years and worked on low-temperature engines at Alcatel for 10 years. He also worked in various research labs (Centre National d'Etudes des Télécommunications...) for 8 years and was regional director at Datelec for 5 years.
Arthur Secret, Chief Information Officer
Mr. Arthur Secret, 38, has been a computer programmer, salesman and analyst within several financial institutions and IT companies. Arthur is an alumnus of the Web Consortium.
Didier Gaudin, Chief Financial Officer
Mr. Didier Gaudin, 35, previously financial analyst, was always interested in start-up companies and investment. Didier initially invested into several start-up companies, as a private individual.
Other Recent KNDR News:
September 8 -
Kender Energy Forging Ahead With Inversiones Dagosa
Kender Energy, Inc. (PINKSHEETS: KNDR) is pleased to announce that it is continuing to forge ahead with its agreement with Inversiones Dagosa, a leading alternative energy producer.
According to the agreement, Kender Energy grants an exclusive marketing license for a period of 20 years for the solar energy plants in Spain and Mexico to produce clean energy.
"The financial benefits of this major milestone agreement will be significant and enable the creation of shareholder value in the near and long term," said Mr. Sean Kelly, President of Kender Energy Inc. "This important multi-year agreement leads the way to many other agreements of this magnitude and assures our financial success."
About Kender Energy Inc.:
Kender Energy Inc. (PINKSHEETS: KNDR) is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.
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