Enertime soars 10% after new contract in China

Enertime SAS

23/05/2022 09:15

** Shares in Enertime  ALENE.PA  jump as much as 10.4% after
the French  engineering firm focused on renewable energy said it
had signed a new contract for a 1.2 MW organic rankine cycle
(ORC) turbine in China
    ** Enertime designs, builds and runs its own organic rankine
cycle modules or ORCs for power generation without CO2
    ** "The energy efficiency market is currently showing its
relevance, supported by high electricity prices, a high carbon
tax and government," says Portzamparc in a note 
    ** As of 0811 GMT the stock was up 6%
    
    
    

 (Reporting by Diana Mandiá)
 ((diana.mandiaalvarez@thomsonreuters.com))