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Enersize receives first larger customer payment from revenue sharing project in China

Enersize has now received the first 300 000 EUR payment from Beijing Opto Electronics (BOE) based on accomplished energy savings. The total expected income for Enersize during the BOE contract period alone is estimated to exceed 1.2 MEUR.

BOE is one of the world’s largest flat screen manufacturers and is Enersize’s first major customer to enter into the project revenue sharing phase. Enersize’s other ongoing projects in China are also expected for upcoming revenue sharing payments.