WALTHAM, Mass., Feb. 14, 2017 /PRNewswire/ -- Tecogen®
Inc. (NASDAQ: TGEN), a developer and manufacturer of clean energy
products, today announced a collaboration with the Northwest Energy
Efficiency Alliance (NEEA), an alliance of more than 140 Northwest
utilities and energy efficiency organizations, to install the first
Ilios high efficiency water heater in the Pacific Northwest.
The Ilios Air-Source unit will be installed in a retirement
community in Salem, Oregon and
served by natural gas from regional utility, NW Natural (NYSE:
NWN).
Speaking about the project, Benjamin
Locke, Tecogen Co-CEO noted, "First introduced in 2012, our
Ilios high efficiency water heaters have been shipped worldwide
including to Ireland, the UK,
Australia, Puerto Rico, Hawaii, and the Eastern United States. We are optimistic that
the capabilities and value proposition our energy-saving heating
solution provides will be apparent in this collaboration project,
leading to a new market and potential project partners in the
Northwest."
The Ilios heat pump project will examine how much energy can be
saved as well as other key considerations for installation and use
that may be barriers to customer adaption in the region. Natural
gas heat pumps are part of a portfolio of natural gas products that
the region is investigating to benefit gas utility customers across
the Northwest. The partners in this larger regional effort are
Avista Utilities, Cascade Natural Gas Corporation, Energy Trust of
Oregon, NW Natural and Puget Sound
Energy.
The project will run through the heating season of February to
late winter 2017; however, the project partners expect to publish
initial results in mid-2017. This fieldwork is part of a five-year
regional plan to increase consumer choices for efficient natural
gas use in the Northwest.
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 production that, through patented technology, nearly
eliminate criteria pollutants and significantly reduce a customer's
carbon footprint.
In business for over 30 years, Tecogen has shipped more than
2,500 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, Ilios, Tecochill, Ultera, and e+,
are registered trademarks or trademark pending registration of
Tecogen Inc.
Forward Looking Statements
This press release may
contain 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:
|
|
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Ariel F. Babcock,
CFA
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John N.
Hatsopoulos
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P: (781)
466-6413
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P: (781)
622-1120
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E:
Ariel.Babcock@tecogen.com
|
E:
John.Hatsopoulos@tecogen.com
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SOURCE Tecogen Inc.