Tecogen Wins Repeat Turnkey Order from NJ Developer
WALTHAM, Mass., May 17, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) is pleased to announce the sale of two CM-75kW cogeneration units to a new multi-family residential building in Jersey City, NJ. Worth approximately half a million dollars, the sale includes load modules and Tecogen's complete turnkey installation service along with the two efficient combined heat and power (CHP) units. The units will be fitted with Tecogen's Ultera™ clean emissions system and sit on the roof of the ultra-modern new high-rise tower.
Speaking about the sale Benjamin Locke, Tecogen co-Chief Executive Officer, commented, "This project is notable for a number of reasons. It marks the first complete turnkey installation project Tecogen will undertake for a new-construction building. It is also the third recent order received from the same property developer. This particular developer's positive prior experience with Tecogen's energy efficient equipment and expert installation services directly resulted in this new project win; making it an excellent example of the value of offering a complete hassle-free turnkey package to customers."
The CM-75 is part of Tecogen's legacy line of induction-based cogeneration equipment. Introduced in the 1980s and among the first packaged combined heat and power units on the market, the efficient units have been reliably meeting customer's energy needs for decades.
About Tecogen
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.
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-wins-repeat-turnkey-order-from-nj-developer-300269821.html
SOURCE Tecogen Inc.
Released May 17, 2016