Sharc Energy Selects Opteon™ XP10 (R-513A) Refrigerants for Next Generation PIRANHA™
January 27 2020 - 9:10AM
Sharc International Systems Inc. (CSE: SHRC) (FSE: IWIA)
(OTCQB: INTWF) ("SHARC" or "the Company") is pleased to
announce that the Company has selected low global warming potential
(
“GWP”) refrigerants Opteon™ XP10 (R-513A) for
next generation PIRANHA™ units.
SHARC selected The Chemours Company FC, LLC
(“Chemours”) and its Opteon™ XP10 (R-513A),
because it offers a non-ozone depleting, low GWP hydrofluoro-olefin
(“HFO”) based refrigerant developed with a 56%
reduction to replace R-134a in positive displacement, direct
expansion, medium-temperature commercial and industrial fixed speed
systems, chillers, and heat pumps (HP) such as the PIRANHA™ while
providing improved energy efficiency, similar capacity, and
excellent design compatibility.
Tim McRae, Technical Manager, Account at The
Chemours Company said, "We are excited that SHARC chose Chemours
and Opteon™ XP10 for its next gen PIRANHA. This collaboration will
help SHARC engage in a more environmentally sustainable refrigerant
solutions while meeting global regulatory requirements and
delivering reliable performance."
Opteon™ XP10 is non-flammable, with an ASHRAE A1
safety classification and has significantly smoother management on
the operating envelope, which makes HP application simpler to
manage. Opteon™ XP10 is an excellent capacity and efficiency match
for R-134a in new systems, as well as for retrofit of existing
systems, offering an optimal balance of properties including high
energy efficiency and environmental sustainability.
"Piranha is the greenest domestic hot water
production system in the world, and we need to aggressively get the
GWP number lowered," said Lynn Mueller, CEO, SHARC Energy Systems.
"Opteon™ XP10 is the first step in our quest to get to zero. We
look forward to working with management team at Chemours to get
that mission accomplished."
About PIRANHA™
System
The PIRANHA™ system’s self-contained heat pump
uses a proprietary direct expansion heat exchanger to extract
thermal energy. In this application, it will collect hot wastewater
from the building’s units and reuse the waste energy at 500%
efficiency while providing free air conditioning. Rather than
draining into a sewer as is the currently accepted wastewater
practice, the heat energy in this water will be recovered. The
water will act as a source for the heat pump, which will then be
used to heat incoming cold water for future loads, drastically
reducing energy requirements. The PIRANHA™ wastewater heat recovery
system from SHARC International Systems Inc. is the first of its
kind in the HVAC market and has redefined green building
innovation.
About Chemours Company
The Chemours Company (NYSE: CC) helps create a
colorful, capable and cleaner world through the power of chemistry.
Chemours is a global leader in fluoroproducts, chemical solutions,
and titanium technologies, providing its customers with solutions
in a wide range of industries with market-defining products,
application expertise and chemistry-based innovations. Chemours
ingredients are found in refrigeration and air conditioning, mining
and general industrial manufacturing, plastics and coatings. Our
flagship products include prominent brands such as Teflon™,
Ti-Pure™, Krytox™, Viton™, Opteon™, Freon™ and Nafion™. Chemours
has approximately 7,000 employees and 28 manufacturing sites
serving approximately 3,700 customers in North America, Latin
America, Asia-Pacific and Europe. Chemours is headquartered in
Wilmington, Delaware and is listed on the NYSE under the symbol
CC.
Further information about Chemours Company
please visit chemours.com, or follow us on Twitter @Chemours, or
LinkedIn.
About SHARC International
Systems
SHARC International Systems Inc. is a world
leader in thermal heat recovery. SHARC™ technology systems recycle
thermal energy from wastewater, generating one of the most energy
efficient and economical systems for heating, cooling & hot
water preheating for commercial, residential and industrial
buildings. SHARC is publicly traded in Canada (CSE: SHRC), the
United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA).
Further information about the Company is
available on our website at www.sharcenergy.com or under our
profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
“Lynn Mueller”Chairman and Chief Executive
Officer
For further information, please
contact:Investor RelationsJamie HylandSHARC International
Systems Inc.Telephone: (604) 442-2425Email:
jamie.hyland@sharcenergy.com
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of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.
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release may constitute forward-looking information. Forward-looking
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words such as "anticipate", "plan", "estimate", "expect", "may",
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Forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking information. SHARC's actual results could differ
materially from those anticipated in this forward-looking
information as a result of regulatory decisions, competitive
factors in the industries in which the Company operates, prevailing
economic conditions, and other factors, many of which are beyond
the control of the Company. SHARC believes that the expectations
reflected in the forward-looking information are reasonable, but no
assurance can be given that these expectations will prove to be
correct and such forward-looking information should not be unduly
relied upon. Any forward-looking information contained in this news
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hereof, and is subject to change after such date. The Company
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