Tecogen Sells Highly Efficient Combined Heat and Power (CHP) System to New Luxury High-Rise Apartment Building in Northern New Jersey
WALTHAM, Mass., April 1, 2015 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of a CM-60 combined heat and power (CHP) system to a newly constructed 135 unit, 11 floor luxury apartment building in Northern New Jersey. The Tecogen CHP unit will deliver electricity and domestic hot water and provide significant energy savings through Tecogen's patented low emissions system, Ultra, nearly eliminating the production of criteria pollutants and compounds contributing to smog.
Tecogen's Ultra emissions technology is a certified "Clean Technology" by the State of NJ. This certification states that Tecogen cogeneration systems have been identified as a non-significant source of emissions according to New Jersey emissions regulations. As such, the New Jersey Department of Environmental Protection has determined that Tecogen cogeneration systems do not need air pollution preconstruction permits or operating certificates.
"Our systems offer significant cost-savings and a quicker construction start for developers in New Jersey," said Robert Panora, President and COO of Tecogen. "In addition, Tecogen provides a cost-effective, environmentally-friendly solution that increases a building's desirability with today's consumers."
The developer of the residence is pursuing LEED Gold Certification from the U.S. Green Building Council (USGBC).
About Tecogen
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 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 reduces a building's carbon footprint.
In business for over 20 years, 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.
Tecogen Media Contact Information:
David Garrison
P: 781-466-6403
E: David.Garrison@Tecogen.com
Tecogen Investor Contact Information:
John N. Hatsopoulos
P: 781-622-1120
E: jhatsopoulos@tecogen.com
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SOURCE Tecogen Inc.
Released April 1, 2015