WALTHAM, Mass., Aug. 16, 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 TTcogen
LLC sold its first unit in New
Jersey. The compact synchronous 55kW combined heat and power
(CHP) unit will be fitted with Tecogen's custom manufactured load
modules and power an elementary school.
Speaking about the project, Benjamin
Locke, Tecogen Co-CEO and Managing Director of TTcogen
commented, "This sale is notable for a number of reasons, a few of
which are worth mentioning. First, the project engineer
specifically requested a 50-60 kW synchronous generator CHP unit
for the project. In the past this would have eliminated Tecogen
from consideration as our smaller CHP units use induction
generators. In this scenario, now TTcogen can step in and
compete for projects like this with the TEDOM synchronous generator
portfolio. More importantly, our engineering expertise and strong
collaborative relationship with the installation contractor allowed
the customer to save nearly $100,000
on this installation – a real win when considering the budget
constraints of most schools."
The TEDOM Micro T55 natural gas powered CHP unit will serve the
school's electrical and heating demand. With super silent
operation, a compact equipment footprint, and long service life,
the T55 is an excellent choice for educational facilities with
smaller energy requirements. Widely installed throughout
Europe, the T55 installed fleet
has been reliably powering facilities for tens of thousands of
hours.
About TTcogen LLC
TTcogen LLC is a 50/50 joint venture
corporation between packaged combined heat and power (CHP) experts
Tecogen Inc. and TEDOM a.s. TTcogen offers a complete package of 27
cutting-edge CHP modules that are fully capable of running on a
variety of fuel feedstocks, including natural gas, propane, and
renewable natural gas (biofuel). Ranging in size from 35 kW up to 4
MW, the full product portfolio meets the needs of residential,
commercial and industrial customers in need of efficient and
environmentally friendly energy solutions. Learn more at
www.ttcogen.com or contact us for a free Site Assessment.
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.