Tecogen Announces TTcogen Breaks into New Jersey Market
TEDOM Micro T55 kW synchronous CHP unit to power elementary school
WALTHAM, Mass., Aug. 16, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN), a leading provider of clean energy products which, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint, today announced joint venture affiliate TTcogen LLC sold its first unit in New Jersey. The compact synchronous 55kW combined heat and power (CHP) unit will be fitted with Tecogen's custom manufactured load modules and power an elementary school.
Speaking about the project, Benjamin Locke, Tecogen Co-CEO and Managing Director of TTcogen commented, "This sale is notable for a number of reasons, a few of which are worth mentioning. First, the project engineer specifically requested a 50-60 kW synchronous generator CHP unit for the project. In the past this would have eliminated Tecogen from consideration as our smaller CHP units use induction generators. In this scenario, now TTcogen can step in and compete for projects like this with the TEDOM synchronous generator portfolio. More importantly, our engineering expertise and strong collaborative relationship with the installation contractor allowed the customer to save nearly $100,000 on this installation – a real win when considering the budget constraints of most schools."
The TEDOM Micro T55 natural gas powered CHP unit will serve the school's electrical and heating demand. With super silent operation, a compact equipment footprint, and long service life, the T55 is an excellent choice for educational facilities with smaller energy requirements. Widely installed throughout Europe, the T55 installed fleet has been reliably powering facilities for tens of thousands of hours.
About TTcogen LLC
TTcogen LLC is a 50/50 joint venture corporation between packaged combined heat and power (CHP) experts Tecogen Inc. and TEDOM a.s. TTcogen offers a complete package of 27 cutting-edge CHP modules that are fully capable of running on a variety of fuel feedstocks, including natural gas, propane, and renewable natural gas (biofuel). Ranging in size from 35 kW up to 4 MW, the full product portfolio meets the needs of residential, commercial and industrial customers in need of efficient and environmentally friendly energy solutions. Learn more at www.ttcogen.com or contact us for a free Site Assessment.
Tecogen® Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for 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 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.
Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+, are registered trademarks or trademark pending registration of Tecogen Inc.
Forward Looking Statements
This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Tecogen Media & Investor Relations Contact Information:
Ariel F. Babcock, CFA
John N. Hatsopoulos
P: (781) 466-6413
P: (781) 622-1120
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tecogen-announces-ttcogen-breaks-into-new-jersey-market-300313951.html
SOURCE Tecogen Inc.
Released August 16, 2016