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Cool Technologies Announces the Creation and Delivery of 2 Megawatt Power System in Months, not Years

Cool Technologies Announces the Creation and Delivery of 2 Megawatt Power System in Months, not Years.

articleCool Technologies, Inc.January 27, 20163/company/cool-technologies-inc/news/cool-technologies-announces-the-creation-and-delivery-of-2-megawatt-power-system-in-months-not-years
Cool Technologies Announces the Creation and Delivery of 2 Megawatt Power System in Months, not Years

About this update from Cool Technologies, Inc.

[{"type":"text","content":"\n \n \n Cool Technologies Announces the Creation and Delivery of 2 Megawatt Power System in Months, not Years\n \n \nCool Technologies Announces the Creation and Delivery of 2 Megawatt Power System in Months, not Years\n\nCosts Less Than a Quarter of Equivalent Wind Turbine System\n\n \n TAMPA, FL--(Marketwired - Jan 27, 2016) - Cool Technologies, Inc. (OTCQB: WARM) (\"Cool Tech\") announced today that it can deliver the equivalent of a 2 megawatt generator with 4.5 months lead time, and that it is mobile. By comparison, an equivalent General Electric 2 megawatt wind generation turbine can take 5 years and cost 5 times as much. This demonstrates how Cool Tech is bringing down the cost of electric power and making it mobile to help address power outages from natural disasters to excessive drain on the power grid. Cool Tech's trucks can simply drive up, plug in and the power is back on.\n Cool Tech's patent-pending technology uses a work truck's internal combustion engine to power an on-board generator that delivers up to 200 kW of consistent, continuous electric power. In the event of an outage or disaster, it can provide emergency power wherever it's needed to keep homes livable, businesses running, perishables cold and critical infrastructure operational. One truck can power about 40 typical US homes. Ten trucks can be driven to any location on the globe and combined to create the equivalent of a 2 megawatt generator, which can power about 440 average US homes.\n A 2 megawatt GE wind turbine can also power about 440 homes, however, it will not work in a power outage because it needs to draw power off the grid to run. The power it provides is also not continuous as it is dependent on the wind. Finally, it can cost more than $5 million and take more than 5 years to build and set up. An equivalent power source from Cool Technologies costs less than $1,000,000 and can be delivered in less than five months. The GE wind turbine's price per megawatt: about $2,500,000. The Cool Technologies' price: about $500,000. \n Pound for pound, cubic inch for cubic inch, no other generator packs more power. That's because Cool Tech's patented thermal technology cools electric generators more efficiently. More efficient cooling means higher electric output, up to 40% more. In technical terms, it delivers the power of a liquid- cooled generator in...

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