GDT Tek, Inc., will allow End-Users to Purchase its waste heat to electricity "Phoenix ORC" unit
LARGO, Fla., Oct. 23, 2012 /PRNewswire/ -- GDT Tek, Inc., (OTC: GDTK) company focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries announced today that GDT TEK, will begin offering its ORC unit that converts waste heat into electricity (the "Phoenix ORC") for sale in addition to its current business model of providing the units at to the end-users based upon an Energy Service Agreement. The change is due to increased inquiries about selling units to end users inside and outside the USA.
Bo Linton President of GDT TEK, Inc. stated, "The Company has decided to offer its waste heat conversion into electricity "Phoenix ORC" units to Companies in the United States and outside the Country, based upon increased inquiries to buy units from GDT TEK. Companies that wish to purchase units may do so as long as they have a heat source sufficient to convert the liquid refrigerant into a pressurized working fluid along with its condensing unit which converts the gas back into a liquid. Our units can convert over 4,000,000 BTU's of waste heat into 150 kW of net usable electricity. With potential sales outside the USA it will allow for our units to be operating overseas expanding our presence around the world."
"There are 2 other competitor of GDT TEK," Mr. Linton continued," GE which sells its ORC heat to electricity units for $5,900 per KW and Electrotherm which sell its ORC heat to electricity units for $8,500 per KW for which both sell their systems without heat recovery units, we sell ours for $4,800 per KW which includes the heat recovery unit."
"In my opinion our unit is more efficient and priced very competitively and is a better unit over all," concluded Mr. Linton.
About GDT Tek, Inc.: is a Florida-based publicly traded company (OTC: GDTK) focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries. GDT Tek's waste heat to electricity systems are powerful enough to serve as a primary energy source, highly efficient, immediately cash-flow positive when installed under a Power Purchase Agreement and are scalable with system sizes from 150 KW/Hr to 5000 KW/Hr currently available. The GDT Tek system has been proven through a long-term five year installation at a San Jose, California-area landfill. Waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems is used by the GDT Tek system to generate electricity which is then sold to the grid. Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT Tek system and stated that "Of the many technologies that I have evaluated over the course of the past several decades, GDT Tek's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."
RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. Its holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.
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SOURCE GDT Tek, Inc.