Heliogen Granted U.S. Patent #11689130 Today For "Turbo-generator System For Supercritical CO2 Power Cycles (To Increase Solar Power Plant Efficiency)"
Portfolio Pulse from Happy Mohamed
Heliogen has been granted a U.S. patent #11689130 for a 'Turbo-generator System for Supercritical CO2 Power Cycles', aimed at increasing solar power plant efficiency.
June 27, 2023 | 4:32 pm
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POSITIVE IMPACT
The new patent could potentially increase the efficiency of Heliogen's solar power plants, which may positively impact the company's performance.
The patent is directly related to Heliogen's core business of solar power generation. If the patented technology proves effective, it could lead to increased efficiency in their power plants, potentially leading to cost savings and increased competitiveness. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100