There has been much speculation about the source of Andrea Rossi’s funding for the E-Cat. The first 1 MW E-Cat plant was apparently commissioned by a military concern. At the same time, Rossi has, so far, used his own family monies to fund his own research.
However, there have been some developments that indicate that Rossi might have received a sudden influx of money. It could be that he is operating off of the profits from his first E-Cat transaction. He also has resumed studying the Siemens’ turbine. This turbine is supposed to be an electrical generator that can run off of the steam generated by the E-Cat. It also could be that the reason the Siemens project is back in the spotlight is because the high temperature E-Cat can produce enough heat to make the testing worthwhile.
With the recent news that Saudi Arabia is pursuing the use of alternative fuels, speculation also has it that this may be the source of Rossi’s funds. The Saudis have an entire city dedicated to the use of alternative fuels. Some wonder if this is the “military concern” that has purchased the first E-Cat power plant. If this is the case, why would the Saudis invest in acres of solar arrays, unless they’re “covering all their bets”?
There are also rumors that Rossi no longer has full control of the Leonardo Corporation, considering the board of directors he mentioned about a couple of months ago. The possibility arises that perhaps the Saudis are the ones who have invested in Rossi’s ideas to the point where they now own controlling interest. If this is the case, there’s a lot of room to speculate about an oil based economy controlling the most potent alternative energy technology to evolve in the last century. While Saudi Arabia may use the technology to make their own nation independent from fossil fuels, they could try to withhold or at least delay this technology from the rest of the world, making their own fortune from continued oil sales.
While the world waits, Rossi continues to perfect his invention. The E-Cat news he promised later this week should shed some light on the progress of his LENR units. Some very influential entities have enough confidence in Rossi’s work to invest into these devices, who do you think they are?