WALTHAM, Mass.,
May 24, 2016
/PRNewswire/ -- Tecogen® Inc.
(NASDAQ: TGEN) is pleased to announce the sale of a CM-75
combined heat and power (CHP) unit to a state university in New
England. The sale includes turnkey installation, factory engineered
accessories and various load modules. Fitted with Tecogen's
patented Ultera emissions control equipment, the cogeneration unit
will meet the thermal and electrical demand of the university's
athletic facility in an ultra-clean and efficient
way.
"Tecogen's efficient natural gas powered cogeneration
equipment is a natural fit for a site like a university and a great
example of how our clean energy products help customers save on
operating expense, freeing valuable resources that may be
re-directed toward the customer's core mission," said
Robert Panora, Tecogen's President
and Chief Operating Officer.
The contract was awarded in conjunction with a large
engineering services company (ESCO) that Tecogen has worked closely
with in the past. Mr. Panora
added, "Delivering a project payback period of
less than five years while cutting the facility's carbon footprint
approximately in half, the installation makes both fiscal and
environmental sense. This uncompromising benefit gives customers an
environmentally friendly and economically sensible energy solution
and is a major reason ESCOs select Tecogen as a repeat
partner."
As a reminder, Tecogen Inc. will host a conference call
today, Tuesday May, 24, 2016 at 11:30 a.m.
eastern time to discuss the newly formed TTcogen joint
venture. To listen to the call dial (888) 349-0103 within the U.S.,
(855) 669-9657 from Canada, or
(412) 902-0129 from other international locations.
Participants should ask to be joined to the TTcogen Joint Venture
call. Please begin dialing at least 10 minutes prior to the
scheduled starting time. The conference call will also be webcast
live. To register for and listen to the webcast, go to
http://investors.tecogen.com/webcast.
The conference call will be recorded and available for
playback one hour after the end of the call through Tuesday May 31, 2016. To listen to the
playback, dial (877) 344 7529 within the U.S., (855) 669-9658 from
Canada, or (412) 317-0088 outside
the U.S. and use Replay Access Code
10086714.
About Tecogen
Tecogen® Inc. designs, manufactures, sells,
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 where you
can contact us for a free Site
Assessment.
Tecogen, InVerde, Ilios, Tecochill, Ultera, and
e+, are registered trademarks of Tecogen Inc.
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
|
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/tecogen-sells-chp-equipment-to-state-university-300273782.html
SOURCE Tecogen Inc.