EnviroMission Ltd. (EVOMY)

[tykundegex]

A new article about Enviromission in Fast Company: http://www.fastcompany.com/1699562/enviromissions-solar-tower-would-be-the-tallest-man-made-structure

Key paragraph taken from it:

"Despite the agreement from SCPPA, the EnviroMission tower remains in something of a limbo state. The details of the Power Purchasing Agreement are confidential, but it's likely that the utility has only committed to buying a certain amount of energy at a particular kilowatt-hour price--and if EnviroMission doesn't meet it, then the utility wouldn't have to buy. Still, asserts Davey in a press release, the agreement "is an important milestone that will allow finance to be secured." It's working on front-end engineering and design now."