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SOURCE Tecogen Inc.
Improving Efficiency While Lowering Operating Costs
WALTHAM, Mass., Oct. 29, 2013 /PRNewswire/ -- Tecogen Inc. today announced sales of its natural gas engine-driven combined heat and power (CHP) systems to condo co-ops in New York. Tecogen CHP products are known for helping reduce fuel consumption, operating costs and carbon footprints significantly, and maximizing overall energy efficiency.
Five 100 kW InVerde CHP modules with available standby power and two 75 kW induction-based CHP modules have been chosen by the condo co-op boards for installation at their residences. Two of these units will be installed by Tecogen as turnkeys.
"CHP is a common sense addition to most high rise condominiums though the benefits have not necessarily become common knowledge," said Robert Panora, President and COO of Tecogen. "In an era where energy efficiency, environmental and fiscal responsibility all hold great importance to everyone, people are looking deeper for solutions. We have found that condo co-op boards are particularly receptive to alternative energy solutions especially those that have strong economic paybacks. We are proud to see that boards are choosing Tecogen CHP as their energy solution."
Tecogen CHP systems offer facilities energy efficiency, carbon reduction, and the ability to meet today's most stringent air quality requirements by virtually eliminating criteria pollutants (contributors to smog) using a proprietary two-stage emission system. A combination of microgrid capabilities, interconnection certification, black start and high part-load efficiencies, makes Tecogen systems a particularly attractive way to produce cleaner, more efficient energy.
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
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