Tecogen Sells InVerde Cogeneration Systems for New York School District
March 02 2021 - 9:00AM
via NewMediaWire -- Tecogen Inc. (OTCQX: TGEN), a clean energy
company providing ultra-efficient and clean on-site power, heating
and cooling equipment, is pleased to announce the sale of two
InVerde e+ cogeneration systems for use at a school district in
upstate New York. One of the systems will be installed in the
district’s middle school and the other in the elementary school.
Both units will provide electricity and heat to the facility at a
discount to their existing utilities. The cogeneration installation
is part of a larger energy services package to the district
provided by a large Energy Services Company (ESCO).
“Schools continue to be a good market for our InVerde
cogeneration systems,” noted Jeff Glick, Vice President of East
Coast Sales. “The systems not only save the school districts
energy costs but also are equipped to provide backup power during a
grid outage. The recent grid outages in Texas, closely
following those in California, have heightened public awareness of
the increased risk from extreme weather events and their
often-devastating impact on communities. Cogeneration systems like
the Tecogen InVerde provide energy resiliency to facilities in the
form of both hot water and electricity that can be provided for
indefinite periods after the grid fails. As outages continue to
occur, caused either by weather or inadequate infrastructure, the
back-up power and microgrid feature of the InVerde e+ will be
increasingly valued by facility planners throughout the
country.”
Tecogen has installed and maintained over 300
cogeneration and chiller systems in the upstate New York area,
primarily in school systems. This project will be serviced
from Tecogen’s Western New York service center in Rochester,
NY.
“We are excited to add to our fleet of
cogeneration equipment in upstate New York,” added Benjamin Locke,
Tecogen CEO. “In this case our ESCO partner is providing a
range of energy savings measures for the district. With
energy services contracts typically lasting 15-20 years, longevity
and reliability for the operation of the plant is essential. We are
looking forward to working with this ESCO and the school districts
to accomplish the expected energy savings over the duration of the
contract.”
About Tecogen Tecogen
Inc. designs, manufactures, sells, installs and maintains high
efficiency, ultra-clean, cogeneration products including combined
heat and power, air conditioning systems and high-efficiency water
heaters for residential, commercial, recreational and industrial
use. The company provides 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 throughout North America.
For more information, please visit www.tecogen.com or
contact us for a free Site Assessment.
Tecogen, InVerde e+, Ilios, Tecochill, Tecofrost,
Tecopower and Ultera are registered trademarks of Tecogen Inc.
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on Form 10-K and our Quarterly Reports on Form 10-Q under “Risk
Factors,” factors that could cause our actual results to differ
materially from past and projected future results include the
impact of the coronavirus pandemic on demand for our products and
services, the availability of incentives, rebates and tax benefits
relating to our products, changes in the regulatory environment
relating to our products, competing technological developments, and
the availability of financing to fund our operations and
growth.
Tecogen Media & Investor Relations
Contact Information:
Benjamin Locke, CEO
P: (781) 466-6402
E: Benjamin.Locke@Tecogen.com
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