Tecogen Rolls Out New Tecopower CHP Product
June 14 2018 - 9:00AM
Tecopower is the latest upgrade to the
longstanding CM series
Tecogen Inc. (NASDAQ:TGEN), a leading manufacturer of clean energy
cogeneration products that, through patented technology, nearly
eliminate criteria pollutants and significantly reduce a customer's
carbon footprint, is pleased to announce the official roll-out of
the Tecopower™ line of cogeneration products. Tecopower is the
latest upgrade of the company’s long-standing CM-series and is
similarly available in both 60 kW and 75 kW sizes. The most
significant improvement is a 5% increase in electrical efficiency
which results in significant additional savings for customers. A
newly designed enclosure lowers the noise level by 5 dBa to 65 dBa
at twenty feet. Notably, Tecopower is able to now operate at a gas
pressure as low as four inches water-column, virtually eliminating
the need to boost gas pressure.
Stephen Lafaille, Tecogen’s Product Manager stated, “What
started out as a rebranding effort quickly morphed into a number of
product improvements that have now really set us apart in the
market. In Tecopower we have developed a CHP solution that is more
efficient, quieter, and simpler to install. We shipped transition
models last year, which received a warm welcome from the market,
and shipments of the fully framed Tecopower will begin this
quarter. As with all our products, Tecopower comes equipped with
our patented Ultera® emission control system, enabling it to
achieve emissions levels on par with a fuel cell at a fraction of
the cost. In all, these changes add up to a powerful competitive
advantage.”
Tecogen’s CEO Benjamin Locke added, “Back in the early eighties,
Tecogen pioneered the modular, packaged, and standardized CHP
system that is now Tecopower. This product has been a
cost-effective workhorse for over 30 years. A fleet of over 1,200
units across the US has logged millions of hours of operation and
saved customers millions of dollars on their energy bills. Our
leadership position as innovators in the industry is key to our
competitive advantage and long-term success. Tecopower is simply
another step forward in our continuing effort to sustain that
leadership.”
The first Tecopower systems are expected to ship by the end of
this quarter.
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 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, InVerde e+, Ilios, Tecochill, and Ultera are
registered trademarks or trademarks pending registration of Tecogen
Inc.
Forward Looking StatementsThis 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
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