Tecogen Sells Combined Heat and Power (CHP) System to New York Hospital
WALTHAM, Mass., June 24, 2015 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of a CM-75 combined heat and power (CHP) module for installation at a hospital in Long Island, New York. The unit is being sold to a local Energy Services Company (ESCO) who will replace an existing outdated cogeneration system with Tecogen's current technology. The CHP system will provide electrical power for the hospital while supplying the hot water needed for operations. The resulting cost reduction quickly recovers the system cost while continuing to reduce the hospital's carbon footprint.
"Hospitals are ideal candidates for combined heat and power (CHP) systems," said Robert Panora, President and COO of Tecogen. "Hospitals function 24 hours a day, 365 days a year, and require round-the-clock reliable energy. Combined systems enable hospitals to reduce energy costs, improve environmental performance, and increase energy reliability. Resources saved are often redirected to improve patient care."
The new CM-75 CHP unit will improve the environmental footprint of the hospital be incorporating advanced emissions technology developed by Tecogen.
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 reduce 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 June 24, 2015