Replies to post #3784 on Blue Sphere Corp. (BLSP)

[Hystart]

YOu must read the fine print. The VAST majority of AD facilities and or wind/solar DO NOT operate at Name Plate rates. Stuff happens and rather than 90% of rated capacity most operate closer to 80% of rated capacity or worse. 10% is a lot when the margins are tight. Yes most have power purchase agreements that are pretty tight and are the very first requirements from the investors. It is the feed stock agreements that always bite these places. There are very FEW long term feedstock or FUEL agreements out there, unless the sites are set up on CAFO or Municipal sites. No feedstock no output. The sweat is always in the details, DO NOT rely on statements from the company that say "We have Insurances which protect us". Lots of fine print, but DO NOT take by word for it, ask BLSP for a peak at the P&L from their US sites. Remember uptime is a BAD word. You must measure output vs name plate capacity. I have seen it many times, companies tell you they had 90% uptime, but only 40-50% of that "uptime" was near the nameplate capacity. THe systems ran but they did not make money! Again, I wish them well, but I we tell MANY investment houses who come to us, it is a very tough way to make money.