WALTHAM, Mass., Aug. 9, 2016 /PRNewswire/
-- Tecogen® Inc. (NASDAQ: TGEN), a leading provider
of clean energy products which, through patented technology, nearly
eliminate criteria pollutants and significantly reduce a customer's
carbon footprint, today announced joint venture affiliate Ultra
Emissions Technologies Ltd. ('ULTRATEK') is slated to begin Phase 2
testing and development of the Ultera emissions control technology
for gasoline vehicles. The new phase of testing will be well
supported by ULTRATEK's $6.2 million
in cash on hand following the recently announced second round
funding; to date ULTRATEK has raised a total of $7.0 million in support of development
efforts.
"Results from initial Phase 1 testing of Ultera on a light duty
vehicle at AVL's California Technology Center have now been
thoroughly analyzed. The data indicate the patented emissions
control system is highly effective at delivering further emissions
reduction in criteria pollutants that contribute to smog and are
harmful human health hazards beyond what is achieved by currently
available commercial technology," said Robert Panora, ULTRATEK Co-CEO and Tecogen
President and COO.
Phase 2 testing and development, slated to begin later this
month, will also be performed at AVL's vehicle test cell. The
second round testing will utilize a more refined design of the
Ultera prototype system and will include two gasoline powered
vehicle models, one certified for both domestic and European use
while the other has certification for European markets only. These
models were selected as representing very advanced, high-mileage
vehicles for which the ULTRATEK team's industry assessment
indicates are vehicle types of high importance but with inherent
emissions challenges.
"After a review of the public data and scientific literature, we
are seeing evidence that more advanced, high power-density engines
have significant emissions difficulties. These may be particularly
problematic in harder driving conditions, outside the narrow
parameters of the standardized certification testing. Phase 2
testing will focus on these types of vehicles in an effort to
perfect the emissions control process for automotive application
and collect needed data for continued development work," Mr. Panora
added.
Phase 1 testing (detailed here) focused on simulated driving
cycles prescribed by federal regulations for vehicle certification.
In these tests, criteria pollutants (those contributing to smog and
negatively impacting human health) were reduced in all simulated
drive conditions, vastly improving emissions performance when
compared to currently available emissions control technologies.
Ultera benefits were particularly effective during aggressive
driving conditions which are not well represented in the standard
tests cycles.
Notably, given the continuing emphasis on improving the fuel
economy of passenger vehicles in order to reduce carbon emissions
(CO2), over more than 60 test runs of various standard
drive cycles, it was conclusive that miles per gallon was not
negatively impacted. Consistent with the experience of the Ultera
system in stationary industrial applications, the Ultera system did
not increase the fuel usage of the vehicle.
About Ultra Emissions Technologies Ltd.
Ultra
Emissions Technologies Ltd, known as ULTRATEK, is a 50/50 joint
venture company formed in December
2015 and incorporated in the Island of Jersey, Channel
Islands. The company's mission is to develop and adapt Tecogen's
patented Ultera ultra-low emissions control technology for the
gasoline transportation markets. ULTRATEK maintains the exclusive
licensing rights to the Ultera technology for the global vehicle
market. The company is funded by a group of Strategic Investors and
staffed by an expert team of engineers and consultants.
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 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 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:
|
|
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 Inc.