Tecogen Provides Microgrid System to New Massachusetts School
26 9월 2018 - 10:00PM
Tecogen Inc. (NASDAQ: TGEN), a clean energy company providing
ultra-efficient, clean, natural gas powered on-site power, heating
and cooling equipment, is pleased to announce the sale of 3 InVerde
e+ cogeneration units as a microgrid enabled trigeneration system
providing heating, cooling, and power to a new school building in a
Massachusetts’ town to be opened in late 2020. Situated on the
Atlantic coast, the community is particularly susceptible to New
England weather emergencies. The Tecogen system was selected due to
the on-board microgrid controls which enable transition from the
utility during grid outages and reconnection once the utility is
back online, allowing the school to mitigate the need for
additional backup generators. The system will qualify for
incentives from the Mass Save program, as well as generate AEC
credits during system operation.
The Tecogen system was selected because it met
all the specifications outlined by the architecture and engineering
design teams at the most competitive price. Tecogen’s unique
ability to rapid start (sub 10 seconds) allows it to serve a double
duty continuous power and stand-by power, thus eliminating the need
for standard backup generation, which keeps overall construction
costs down. By including absorption chilling, the architect and
engineers were able to eliminate an electric chiller, further
reducing the installation costs.
“The InVerde e+ is ideally suited for school
systems where energy savings and resiliency are highly valued,”
said Benjamin Locke, Tecogen CEO. “Oftentimes a school becomes a
place of refuge during weather related events or other utility
interruptions. The Tecogen system allows the school to baseload
emergency generation capacity all the while producing significant
resiliency from rising energy costs. We are grateful to the team of
architects and engineers that selected Tecogen for this
project.”
The system will be installed by a large
established Massachusetts construction company involved with the
overall school project. Tecogen will provide the entire
trigeneration package including InVerde CHP units, engineered
integration modules, absorption chillers, and cooling towers. Upon
project completion, Tecogen will provide service for the system
under a long-term service agreement from our factory service center
in Waltham, MA.
About Tecogen Tecogen Inc.
designs, manufactures, sells, installs, and maintains high
efficiency, ultra-clean, cogeneration products including natural
gas engine-driven combined heat and power, 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
In business for over 35 years, Tecogen has
shipped more than 3,000 units, supported by an established network
of engineering, sales, and service personnel across the United
States. For more information, please visit www.tecogen.com or
contact us for a free Site Assessment.
Tecogen, InVerde e+, Ilios, Tecochill, and
Ultera are registered or pending trademarks of Tecogen Inc.
Forward Looking Statements This
press release contains “forward-looking statements” which may
describe strategies, goals, outlooks or other non-historical
matters, or projected revenues, income, returns or other financial
measures, that may include words such as "believe," "expect,"
"anticipate," "intend," "plan," "estimate," "project," "target,"
"potential," "will," "should," "could," "likely," or "may" and
similar expressions intended to identify forward-looking
statements. These statements are only predictions and involve known
and unknown risks, uncertainties, and other factors that may cause
our actual results to differ materially from those expressed or
implied by such forward-looking statements. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements. Forward-looking statements speak only
as of the date on which they are made, and we undertake no
obligation to update or revise any forward-looking statements.
In addition to those factors described in our
Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q
under “Risk Factors”, among the factors that could cause actual
results to differ materially from past and projected future results
are the following: fluctuations in demand for our products and
services, competing technological developments, issues relating to
research and development, the availability of incentives, rebates,
and tax benefits relating to our products and services, changes in
the regulatory environment relating to our products and services,
integration of acquired business operations, and the ability to
obtain financing on favorable terms to fund existing operations and
anticipated growth.
Tecogen Media & Investor Relations
Contact Information: Benjamin Locke, CEOP: (781)
466-6402E: Benjamin.Locke@Tecogen.com
John N. Hatsopoulos P: (781)
622-1120E: John.Hatsopoulos@Tecogen.com
Tecogen (NASDAQ:TGEN)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Tecogen (NASDAQ:TGEN)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024