WALTHAM, Mass., May 7, 2015 /PRNewswire/ -- Ilios Dynamics
Inc., a subsidiary of Tecogen® Inc. (NASDAQ: TGEN) today
announced the sale of an Ilios HEWH-500-WS and an Ilios
HEWH-500-AS; water-source and air-source gas engine-driven heat
pumps, respectively.
The Ilios units, sold to Cogen RightFit, will be installed at
two major multinational pharmaceutical manufacturing facilities.
Cogen RightFit, LLC is a joint venture between ESCOPR, one of
Puerto Rico's premier energy
conservation providers and Tropigas Puerto Rico, one of the largest
LPG (Liquefied Petroleum Gas) suppliers on the island.
"We are very excited to be working together with Cogen
RightFit," said Stephen Lafaille,
Ilios Product Manager. "ESCOPR has a great reputation on the island
for providing engineered efficiency solutions and Tropigas is a
major LPG supplier delivering competitive fuel pricing for
customers – it's truly a winning combination. The energy costs are
very high in Puerto Rico and the
Ilios products deliver an immediate impact on the bottom line with
minimal capital investment; a reduction in greenhouse gas emissions
and reduced pollutant emissions with Tecogen's patented Ultra™
after-treatment system."
"The sale of these Ilios units is just the beginning for us in
Puerto Rico, said Jorge Hernandez, President of ESCOPR and Partner
of Cogen RightFit, LLC. We are interested in not only the Ilios
heat pumps but also all of Tecogen's packaged CHP products such as
cogeneration modules and large gas-engine driven chillers. There is
an incredible customer base here in Puerto Rico with many manufacturing and
industrial clients, almost all of which have massive needs for
process heating, cooling, and electricity, and often times all
three simultaneously. These products will also be a great fit in
the resort and hospitality sector which are increasingly becoming
aware of their energy use and are looking to make energy reductions
to improve their bottom line as well as their sustainable
image."
"We see highly efficient, packaged CHP products such as the
Ilios heat pump as an opportunity to sustainably grow our LPG
business and continue to offset heavy fuel oils which unfortunately
are still used in many industrial facilities on the island. These
products will not only help convert our clients to clean burning
LPG but they will do it in a way that saves them energy and reduces
the carbon impact of their facility," said Humberto Berrios, President of Tropigas Puerto
Rico and Cogen RightFit partner.
About Ilios Dynamics
Ilios Dynamics Inc., a
subsidiary of Tecogen Inc., was formed in April 2009 to develop and distribute a line of
ultra high-efficiency heating products for commercial and
industrial applications utilizing advanced thermodynamic
principles. Products incorporate mechanical work to extract heat
from the environment to supplement chemical energy available from
natural gas or propane. The result is a significant boost in
efficiency and reduced carbon emissions relative to conventional
heating systems. Please visit www.iliosdynamics.com.
About Cogen RightFit, LLC.
Cogen RightFit LLC. is a
joint venture between ESCOPR and Tropigas Puerto Rico. By combining
the engineering expertise of ESCOPR with the fuel supply expertise
of Tropigas Puerto Rico, Cogen RightFit can provide unmatched
combined heat and power "CHP" solutions at the best price and lock
in a long term sustainable operating cost structure for their
clients.
About ESCOPR
ESCOPR has been serving Puerto Rico and the Caribbean for over 10 years providing complete
engineering solutions for energy & water conservation projects
for a long list of multi-national industrial and commercial
clients. For more information, please visit www.escopr.net.
About Tropigas Puerto Rico
Tropigas of Puerto Rico is Puerto Rico's leading LPG supplier and has
been serving the island for over 50 years. They are the leader in
the industrial and commercial market segment and have been the
driving force in many of the islands major industrial oil-to-LPG
conversions. For more information, please visit
www.tropigaspr.net.
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
residential, commercial, recreational and industrial use. The
company is known for cost efficient, environmentally friendly and
reliable products for energy production that, through patented
technology, nearly eliminate criteria pollutants and significantly
reduce a building's carbon footprint.
In business for over 20 years, 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
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 Ilios Dynamics Inc.