Tecogen Receives 1,200-Ton Clean Cooling Chiller Order for Cannabis Cultivation Facility
September 14 2021 - 9:24AM
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 an
order for three 400-ton Tecochill® chillers for an indoor cannabis
cultivation facility in Massachusetts. This is the 23rd
cannabis cultivation facility to select the Tecochill solution and
will eliminate the need for approximately 750 kW of electric
capacity if electric chillers were used. The chillers are
expected be serviced out of Tecogen’s Waltham service headquarters.
“We worked with the customer and their design team
to ensure they could meet their cooling requirements given the
limited electrical capacity at the location,” noted Stephen
Lafaille, Vice President of Business Development. “Since they
are a vertically integrated provider, additional power and cooling
was needed for the post-cultivation processing and
extraction. By eliminating the additional electrical capacity
needed for cooling and dehumidifying the facility, they can use
their limited capacity for other operations.”
Many cannabis cultivation companies integrate
cultivation, processing, packaging, delivery, and sales at one
location, but have limited electrical capacity for all process
operations. By selecting clean gas cooling with Tecochill,
these customers can avoid expensive or prolonged electrical
infrastructure upgrades needed to meet the added power
requirements, thus saving them from making significant investments
in additional capacity or facing lost revenue as they await
electrical upgrades.
“To date, the amount of clean cooling we have sold
to indoor cannabis cultivation facilities represents approximately
7.5 megawatts of electric capacity generated cleaner and more
economically than the grid,” stated Benjamin Locke, Tecogen’s
CEO. “This allows grow facilities to focus their available
electric service on other critical processes and reduces the amount
of backup generation needed to keep the facility operational during
an outage; cleaner, more economical, and resilient -- that is
Tecogen’s recipe for growth.
About TecogenTecogen Inc. designs,
manufactures, installs, and maintains high efficiency and
ultra-clean cogeneration products, including combined heat and
power systems, air conditioning systems, and high-efficiency water
heaters for residential, commercial, recreational, and industrial
applications. The company’s cost efficient, reliable, and
environmentally friendly products for energy production nearly
eliminate criteria pollutants and significantly reduce customers’
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.
Aggregate run hours on Tecogen’s InVerde cogeneration systems
exceeds 5 million hours. For more information, please
visit www.tecogen.com or contact us for a
free Site Assessment.
Tecogen, InVerde e+, Ilios, Tecochill, Tecofrost,
Tecopack, Tecopower, and Ultera are pending or registered
trademarks of Tecogen Inc.
Forward Looking Statements
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other financial measures, that may include words such as "believe,"
"expect," "anticipate," "intend," "plan," "estimate," "likely"
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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.
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 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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