WALTHAM, Mass., May 27, 2015 /PRNewswire/
-- Tecogen® Inc. (NASDAQ: TGEN) today announced the
sale of two InVerde® Ultra, INV-100, combined heat and power (CHP)
units to a rising (under construction) multi-residential apartment
building located in the Upper East Side of Manhattan. The InVerde units will provide 200
kW of electricity, plus thermal energy in the form of hot water to
heat the building and the potable water used by the residences in
the 28-story, 400,000 square foot building.
In addition to the cost savings from natural gas-powered
co-generation, Tecogen's patented low emissions system, Ultra, will
nearly eliminate the production of criteria pollutants, the
compounds contributing to smog.
Tecogen's units also provide emergency back-up power. This
feature takes over when grid power is lost and keeps the building's
lights on and elevators working during outages like those
experienced in the aftermath of Hurricane Sandy.
"We are seeing an uptick in new construction orders," said
Robert Panora, Tecogen's President
and Chief Operating Officer. "Our reputation for reliability, plus
our technology's cost-savings and environmental benefits are
proving to be the right solution for large, multi-residential
buildings and hotels".
The building will have 231 apartments plus retail and a
46,000-square-foot school for children with learning
disabilities. The new structure is expected to be ready in
2016.
This building has entered into a long-term maintenance contract
with Tecogen.
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 Tecogen Inc.