MEGIN - a decentralized bio-cogeneration plant for controllable CO2-neutral energy production.

Conspiro AB has implemented the project MEGIN - a decentralized bio-cogeneration plant for controllable CO2-neutral energy production.

The project is part-financed by the Swedish Energy Agency and has defined four possible patent areas of great strategic importance.

-Lack of competing technology that delivers the same efficiency, economy and flexibility in size class up to 1Mega Watt electrical energy is not available on the market today. Says the innovator Johnas Tigrä.

Conspiro AB (“MEGIN”) intends as of 30/21/2021 to further explore the areas where patent applications are judged to be realistic.

News review refers to a construction of the MEGIN machine and the system as a whole.

Innovation of pistons, valves and the high-tech developed free valve system with its unique control.

The company and the company's patent attorneys have assessed the probability that the patent applications will be approved as very good and that the patents will provide strong protection for innovation.

The inventions mean that the development of MEGIN's decentralized and C02 neutral bio-cogeneration plants can now proceed with external investors' capital contributions.

The goal is to soon build a scaled test bed, this demonstrator is needed to show stakeholders of the bio-cogeneration plant.

The innovation MEGIN, a decentralized bio-cogeneration plant, means that the company has now reached such a level that it is necessary to bring in external investors to continue the journey to launch the product.

A decentralized bio-cogeneration plant with high efficiency and redundancy makes it possible for rural areas to continue electrification in order to accelerate the transition to a fossil-free agriculture and kingdom.

Furthermore, this also makes it possible to create more stability in countries 'energy production and the monitoring of these, to be able to monitor in real time and see the MEGIN factories' energy production can help areas to balance the energy network.

Continuous system monitoring and automated deviation and inefficiency detection are important.

-Because collection & analysis of data from the connected, bio-cogeneration plants, is a separate business segment in itself.

-A bit like the bio-cogeneration plant's TESLA.

MEGIN is now developing its business model, and with future patent applications, MEGIN has more opportunities for market development of its technology as well as the opportunity to conduct collaborations with other market players through, for example, technology licensing or market collaborations that provide significantly better scalability in the future.

MEGIN believes that patent applications will have a positive impact on both the process of raising external capital for the development process and customer projects, as it will now be possible to provide customers with a deeper insight into the function and innovation behind the extremely high efficiency.

By 2045, Sweden will need about 30 TWh of new bio-electricity to meet needs and climate goals, according to Svebio www.svebio.se.

MEGIN has carried out analyzes that show that a 350kWe system has a payback period of only 3.5 years.

Johnas Tigrä, Innovator of MEGIN, comments:

"This is without a doubt a milestone in MEGIN's history. This shows very clearly and concretely that we have a unique offer and it now also gives MEGIN an opportunity to step out into the international arena for capital acquisition. ”

MEGIN has raised the technical level far beyond what the traditional electricity producing industry thought was possible in terms of efficiency, scalability and real-time analysis of systems in this power class.

For more information about MEGIN, please contact:

Johnas Tigrä, Innovator

Phone: +46 (0) 703-94 25 26

Email: info@conspiro.se

The information was submitted, through the agency of the above contact person, for publication on September 14, 2021.

MEGIN in brief:

Develops much-needed decentralized bio-cogeneration plants for controllable CO2-neutral energy production.

With a higher efficiency and lower complexity than other CHP plants on the market, MEGIN can deliver modularized economically competitive plants from 200kWe.

The company is headquartered in Sweden, Gothenburg.