WALTHAM, Mass., Aug. 5, 2014 /PRNewswire/ -- Tecogen Inc.
(NASDAQ: TGEN) today announced the sale of two of its Tecochill
natural gas-powered chiller systems to a major US-headquartered
manufacturer of home fixtures, for its existing plant in
Reynosa, Tamaulipas, Mexico.
The sale involves two (2) Tecochill CH-400x "DTx Series" chillers,
which will serve a large facility expansion that is underway.
The chillers were sold through Tecogen's representative,
Calfrost de Mexico, based on
Monterrey. The chillers are expected to be installed and
commissioned by winter of 2015, and will air condition part of the
facility's production area.
"This worldwide manufacturer is well known for its long history
of supporting efficiency and sustainability in its products, as
well as its processes," said Arturo
Cantu, General Manager of Calfrost. He adds, "Gas
cooling is a way for such facilities to reduce costs, hedge against
higher electricity rates, and gain self-sufficiency.
Mexico has undertaken a broad
reform of its energy sector. The use of Tecochill technology
will help this individual facility control its costs, and is
consistent with the goals of the country's wider reforms."
Robert Panora, President and COO
of Tecogen commented "This sale was driven by some of the same
fundamentals seen in the U.S. market, namely, concerns of facility
owners about the high cost and reliability of electricity. We
also satisfy their desire to diversify energy sources by utilizing
competitively priced and plentiful supplies of environmentally
friendly natural gas. The gas chillers will help relieve the
local grid during times of peak demand. We're excited to help
such plants achieve cost savings and productivity gains, and
realize true, efficiency-driven environmental benefits."
About Tecogen
Tecogen manufactures, installs, and
maintains high efficiency, ultra-clean combined heat and power
products including natural gas engine-driven cogeneration, air
conditioning systems, and high-efficiency water heaters for
industrial and commercial use. Tecogen has shipped more than
2,000 units, supported by an established network of engineering,
sales, and service personnel across the
United States. For more information, please visit
www.tecogen.com.
Tecogen Media Contact Information:
David Garrison
Director of Finance
P: 781-466-6403
E: David.Garrison@tecogen.com
Tecogen Investor Contact Information:
John N. Hatsopoulos
P: 781-622-1120
E: jhatsopoulos@tecogen.com
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SOURCE Tecogen Inc.