WALTHAM, Mass., Feb. 23, 2016 /PRNewswire/ -- Tecogen®
Inc. (NASDAQ: TGEN) is pleased to announce the first sale of the
Company's cutting-edge InVerde INV-100e+. Just weeks after the
launch of Tecogen's latest innovation in clean cogeneration (read
about the InVerde e+ here:
http://investors.tecogen.com/news-releases), the Company sold two
units to be installed in a new mixed-income residential development
in Brooklyn, NY. The
product's unique power control and new improved engine design will
provide the building managers with the best energy saving solution
available.
![Tecogen Inc. logo. Tecogen Inc. logo.](http://photos.prnewswire.com/prnvar/20130409/NE91281LOGO)
Worth approximately half a million dollars, the sale includes
the premier Ultera™ near-zero emissions control technology, various
load modules, and factory engineered accessories. Thanks to the
e+'s, qualification as an NFPA Type 10 Emergency Power System
capable of providing backup power in case of grid failure, advanced
power controls, and improved electrical efficiency, the new
property will enjoy enhanced energy savings and building
resilience, all while cutting its carbon footprint in half (when
compared to traditional equipment solutions).
"Although the InVerde e+ has only been on the market a few
weeks, this sale is a testament to the value proposition our
innovative new features offer customers," said Robert Panora, Tecogen's president and chief of
operations. "Through installation of our cutting edge clean
technology, building managers are offered a more complete package
for their site's energy needs, including emergency backup power,
with a fully integrated building energy management
system."
Providing on-site power generation as well as heating and
cooling capabilities, the InVerde e+ offers best-in-class
electrical efficiency, patented engine control technology,
integrated Microgrid hardware, and customized power electronics.
Requiring just 4 inches of water column gas pressure, the e+ allows
customers to avoid installation of additional pressure enhancement
equipment demanded by competitive products by connecting to
virtually any standard gas pipe without modification of the gas
supply line. Similarly, the e+ meets the rapid 10 second
blackstart requirement for Emergency Power Supply Systems as per
the National Fire Protection Association's specifications, giving
customers the peace of mind they will never be left in the
dark.
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.
Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+,
are registered trademarks of Tecogen Inc.
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 Media
& Investor Relations 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
|
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SOURCE Tecogen