WALTHAM, Mass., May 24, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) is pleased to announce the sale of a CM-75 combined heat and power (CHP) unit to a state university in New England. The sale includes turnkey installation, factory engineered accessories and various load modules. Fitted with Tecogen's patented Ultera emissions control equipment, the cogeneration unit will meet the thermal and electrical demand of the university's athletic facility in an ultra-clean and efficient way.
"Tecogen's efficient natural gas powered cogeneration equipment is a natural fit for a site like a university and a great example of how our clean energy products help customers save on operating expense, freeing valuable resources that may be re-directed toward the customer's core mission," said Robert Panora, Tecogen's President and Chief Operating Officer.
The contract was awarded in conjunction with a large engineering services company (ESCO) that Tecogen has worked closely with in the past. Mr. Panora added, "Delivering a project payback period of less than five years while cutting the facility's carbon footprint approximately in half, the installation makes both fiscal and environmental sense. This uncompromising benefit gives customers an environmentally friendly and economically sensible energy solution and is a major reason ESCOs select Tecogen as a repeat partner."
As a reminder, Tecogen Inc. will host a conference call today, Tuesday May, 24, 2016 at 11:30 a.m. eastern time to discuss the newly formed TTcogen joint venture. To listen to the call dial (888) 349-0103 within the U.S., (855) 669-9657 from Canada, or (412) 902-0129 from other international locations. Participants should ask to be joined to the TTcogen Joint Venture call. Please begin dialing at least 10 minutes prior to the scheduled starting time. The conference call will also be webcast live. To register for and listen to the webcast, go to http://investors.tecogen.com/webcast.
The conference call will be recorded and available for playback one hour after the end of the call through Tuesday May 31, 2016. To listen to the playback, dial (877) 344 7529 within the U.S., (855) 669-9658 from Canada, or (412) 317-0088 outside the U.S. and use Replay Access Code 10086714.
Tecogen® Inc. designs, manufactures, sells, 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 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 where you can contact us for a free Site Assessment.
Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+, are registered trademarks of Tecogen Inc.
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SOURCE Tecogen Inc.