Tecogen Sells Tecochill® Chiller to Connecticut Hospital
May 06 2021 - 09:00AM
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 a 200-ton
Tecochill® chiller to a hospital in central Connecticut. The
system is expected to be operational in time for the 2021 cooling
season and will provide substantial utility cost savings to the
hospital. Tecogen plans to provide maintenance services for
the system from its service center in Connecticut under a long-term
maintenance agreement to ensure that the hospital continues to
benefit from the anticipated utility cost savings for years to
come.
The sale was facilitated by Clover Corporation, Tecogen’s
manufacturers’ representative in Connecticut, by working closely
with the hospital to effectively identify the financial and
environmental benefits of Tecochill chillers. Clover has been
Tecogen’s manufacturers’ representative for Tecochill in
Connecticut for over twenty years and has facilitated sales of
dozens of Tecochill units throughout the state.
“Tecogen has a substantial network of
manufacturers’ representatives with relationships in the HVAC
industry and as opportunities for gas cooling become more
widespread due to increasing electric costs, we expect to expand
our network of manufacturers’ representatives to new geographies in
North America,” commented Benjamin Locke, Tecogen’s CEO. “We
anticipate adding new manufacturers’ representatives in areas where
they can be an effective and productive sales channel across a
diverse range of customers including hospitals, universities,
manufacturing operations, indoor growing facilities, and
multi-family residential buildings.”
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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Forward-looking statements speak only as of the date on which they
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forward-looking statements.
In addition to the Risk Factors described in our Annual Report
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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