Tecogen Announces the Sale of a CHP Turnkey to Melville Towers in New Bedford, MA
WALTHAM, Mass., Jan. 7, 2014 /PRNewswire/ -- Tecogen Inc., announced today the sale of a 75 kW combined heat and power (CHP) system for installation at Melville Towers, an apartment complex in New Bedford, Massachusetts. The system will be providing domestic hot water, space heating and electricity to the residences. This site energy efficiency upgrade has qualified for the Mass CHP incentive worth $56,250. A third party technical assessment calculated that the CHP system will save the site $42,000 a year and reduce their CO2 emissions by 45%.
"At Peabody Properties, we believe that energy efficiency is the key to sustainability," said Michael Ferguson, VP, Facilities Management. "We are glad to partner with Tecogen in bringing Melville Towers their own CHP system. It is an ideal technology for this property as it has high demands for domestic hot water, and electricity. We chose a Tecogen turnkey because of the assured value and single point accountability of a manufacturer installation."
Tecogen's 75 kW CHP modules offer among the highest overall efficiencies of any CHP systems, and have the most proven high reliability and serviceability in their class. These modules come fully pre-packaged from the factory including engine, generator, oil/ jacket/ exhaust heat recovery, controls, electrical switchgear, emissions controls, and modem for remote monitoring and data-logging. This factory pre-packaging allows for standardization and minimizes installation cost and complexity in the field. Available with either an indoor or outdoor enclosure and Tecogen's patent protected Ultra low emissions system, these systems can be installed virtually anywhere in the United States
Tecogen manufactures, installs and maintains high efficiency, Ultra-clean Combined Heat and Power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for industrial and commercial use. Tecogen has shipped more than 2,000 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com.
FORWARD-LOOKING STATEMENTS This press release contains 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 Contact Information:
Melinda M. Furse
Tecogen Investor Contact Information:
John N. Hatsopoulos
SOURCE Tecogen Inc.