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Another load of nonsense being passed off as a free energy source. Will people never learn?
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Well, this is an interesting acquisition: A U.S. company called Industrial Heat has bought the rights to the notorious (and dubious) cold fusion technology called the Energy Catalyzer, or E-Cat. The device was created by Italian inventor Andrea Rossi, a convicted scam artist who has claimed for years that it can produce energy in the form of heat, far more than it consumes. If it really functions, it could cheaply power the world without producing pollutants. In May 2013, Rossi announced that an independent group had verified that his machine worked. As Popular Science pointed out at the time, however, the results of the tests were not peer-reviewed; the paper also "left out crucial details, for example referring to 'unknown additives' instead of specifying what chemicals actually go into the reaction." The same paper was linked to in the announcement from the company today (Jan. 24).
More links to details at the link.