Tecogen Sells Two InVerde Ultra Combined Heat and Power (CHP) Systems to Midtown Manhattan Hotel
WALTHAM, Mass., March 18, 2015 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of two InVerde® Ultra, INV-100, combined heat and power (CHP) systems to a 45 story, all-suite hotel in Midtown Manhattan. The units will cut annual energy costs by an estimated $118,000 and through Tecogen's patented low emissions system, Ultra, nearly eliminate the production of criteria pollutants and compounds contributing to smog. The units will also provide the hotel with emergency back-up power.
The two Tecogen units will provide electricity, space heating and domestic hot water to the hotel. In addition, the Tecogen units will offset the hotel's annual CO2 per year carbon production by 607 tons, the equivalent of taking 469 cars off the road.
"The Tecogen systems are a perfect solution for the energy needs of large hotels in urban areas, especially New York City," said Robert Panora, President and COO of Tecogen. "We have a great solution for hotels. Tecogen brings down your energy bill with our environmentally-friendly technology while protecting your building and guests from power outages."
This building has entered into a long-term maintenance contract with 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: [email protected]
Tecogen Investor Contact Information:
John N. Hatsopoulos
P: 781-622-1120
E: [email protected]
SOURCE Tecogen Inc.
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