WALTHAM, Mass., Jan. 25, 2016 /PRNewswire/ -- Tecogen® Inc.
(NASDAQ: TGEN) is pleased to announce subsidiary Ilios® Inc. sold a
high efficiency water sourced unit for installation in a luxury
hotel outside Manhattan, NY. The
cost-saving Ilios water heater runs on cheap and abundant natural
gas and will be fitted with Tecogen's patented ultra-clean Ultera™
emissions control technology, bringing emission of harmful
smog-inducing pollutants down to near-zero levels. Ilios
generated hot water is produced at twice the efficiency of
traditional boiler systems and generates useful cooling as a free
byproduct; resulting in substantial natural gas savings as well as
electricity savings by offsetting energy that would have been
consumed by a traditional HVAC system. Additionally, due to the
high efficiency of the Ilios modules there will be a significant
carbon emission reduction realized by the facility.
![Tecogen Inc. logo. (PRNewsFoto/Tecogen Inc.) Tecogen Inc. logo. (PRNewsFoto/Tecogen Inc.)](https://photos.prnewswire.com/prnvar/20130409/NE91281LOGO)
Stephen Lafaille, Ilios Product
Manager, commented, "This installation will be a great example of
the value proposition Ilios offers customers in the hospitality
space. We are thrilled to be working with a leading energy
efficiency solutions provider like OpTerra Energy Services that
understands the long term savings potential our equipment provides
to their customers."
Speaking about the deal, John
Pifer of OpTerra Energy Services Commercial and Industrial
Division, the national energy services and engineering firm that
designed and implemented the project, noted, "Given OpTerra's focus
on providing our customers with the most sustainable and energy
efficient solutions, the Ilios unit was a great fit for this
particular project. The Ilios gas heat pump's best in class
efficiency and compact size make it a natural fit for
cost-conscious property managers. We look forward to working with
Tecogen and the Ilios team again."
Ilios's High Efficiency Water Heater, which can operate on
either natural gas or propane, is an excellent alternative to
conventional water heating systems. Ideal for locations with a gas
demand of at least 4000 therms/month, such as swimming pools,
hotels, schools, colleges, hospitals, apartment buildings and
recreation centers, the hotel is an excellent example of and
advantaged Ilios installation. The hotel includes 38 luxury suites,
two restaurants, a large spa, state-of-the-art fitness center and
rooftop pool, all of which will benefit from Ilios's efficiently
produced domestic hot water.
About Ilios
Ilios 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. Come visit
us at Booth #2510 at AHR Expo 2016, January
25-27th in Orlando,
FL. For more information please visit
www.iliosdynamics.com.
About OpTerra Energy Services
OpTerra is a pioneer in advancing the sustainable energy
economy, energizing opportunity and building positive impact for
the communities, institutions and businesses we serve. Starting as
a core group of engineers with a handful of patents, OpTerra has
become a national energy company with a rich history of industry
leadership and high performance. 40 years of practice unifying
strong legacy companies, from Consumers Energy to PG&E,
Bluestone, and Chevron, have allowed us to evolve with our
customers and become a leader in energy efficiency, renewables, and
infrastructure development. For more information please visit
www.opterraenergy.com
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 customer's carbon footprint.
In business for over 20 years, Tecogen has shipped more than
2,300 units, supported by an established network of engineering,
sales, and service personnel across the
United States. For more information, please visit
www.tecogen.com or follow us on Twitter, Facebook, and
LinkedIn.
Forward Looking Statements
This press release contains
forward-looking statements under the Private Securities Litigation
Reform Act of 1995 that involve a number of risks and
uncertainties. Important factors could cause actual results to
differ materially from those indicated by such forward-looking
statements, as disclosed on the Company's website and in Securities
and Exchange Commission filings. The statements in this press
release are made as of the date of this press release, even if
subsequently made available by the Company on its website or
otherwise. The Company does not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were
made.
Tecogen Investor
Relations & Media Contact Information:
|
Ariel F. Babcock, CFA
|
John N.
Hatsopoulos
|
P: (781) 466-6413
|
P: (781)
622-1120
|
E:
Ariel.Babcock@tecogen.com
|
E:
John.Hatsopoulos@tecogen.com
|
Logo -
http://photos.prnewswire.com/prnh/20130409/NE91281LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ilios-breaks-into-new-york-hospitality-market-300208953.html
SOURCE Tecogen Inc.