Tecogen Announces Collaboration With GTI Energy and UTD for Hybrid Drive Testing
2022年11月8日 - 11:00PM
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 a collaboration with
GTI Energy for testing and validation of Tecogen’s novel Hybrid
Drive technology. The project, funded by Utilization Technology
Development, NFP (“UTD”), will demonstrate key performance
indicators for the Hybrid Drive air cooled (AC) chiller prototype
currently under development at Tecogen such as capacity,
efficiency, and real-time grid carbon intensity controls. It is
anticipated that the testing will be completed in time for customer
demonstration projects planned for the second half of 2023.
GTI Energy is a leading research and training organization
focused on developing, scaling, and deploying innovative
technologies needed for low-carbon, low-cost energy systems. UTD is
a not-for-profit scientific research organization comprised of 20
gas distribution companies that develops, tests and demonstrates
end-use technologies to help gas customers save energy and reduce
GHG emissions, save money, integrate more renewable energy, and
benefit from safe, reliable, and resilient operation.
“We believe the Hybrid Drive AC chiller being developed by
Tecogen will provide a new degree of resiliency and energy source
flexibility for cooling commercial and industrial facilities,”
commented David Cygan, Senior Director, Industrial Energy Systems
at GTI Energy. “We are pleased to be working with Tecogen to
demonstrate the key attributes of this new product that meets UTD’s
goals of reducing GHG emissions and operating costs while
simultaneously enhancing resiliency.”
Tecogen’s Hybrid Drive AC chiller will allow blending of power
sources and a seamless transition of power for the chiller between
a Tecochill gas-fueled engine and the electric grid. As the
electric grid gets cleaner to meet state and federal renewable
energy mandates, the Hybrid Drive will allow transition to grid
operation when the grid's environmental footprint is preferred over
on-site combustion. This will allow building owners to cool their
facilities knowing they are using the best and most economical
power either from the grid or the Tecochill drive or any
combination now or in the future.
“We are excited to have the support of UTD and GTI Energy as we
develop the Hybrid Drive AC chiller,” noted Benjamin Locke,
Tecogen’s CEO. “This new product will more than triple the
addressable market for our clean chiller products offering a level
of GHG gas savings, cost savings, and grid resiliency not
previously available to commercial and industrial facilities. We
will continue to work with partners in the gas industry to
demonstrate the new product with customers after testing is
completed with GTI Energy.”
About Tecogen
Tecogen 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, Ultera, and NetZero Greens are pending or registered
trademarks of Tecogen Inc.
Forward Looking Statements
This 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," "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.
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, CEOP: (781) 466-6402E:
Benjamin.Locke@Tecogen.com
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