Business
Major Hospital Group Orders Second Heat Recovery System (Valued at $1,250,000) from Thermal Energy International
(via Thenewswire.ca) Ottawa, Ontario / TheNewswire / November 2, 2016 - Thermal Energ...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Major Hospital Group Orders Second Heat Recovery System (Valued at $1,250,000) from Thermal Energy International(via Thenewswire.ca)\n\n \nOttawa, Ontario / TheNewswire / November 2, 2016 - Thermal Energy International Inc. (\"Thermal Energy\" or the \"Company\") (TSXV: TMG), a global provider of proprietary energy efficiency solutions to the industrial, commercial and institutional sectors, has received a $1.25 million order from a major hospital group for one of the Company's proprietary FLU-ACE(R) heat recovery systems. This FLU-ACE(R) system will recover waste heat from three boiler exhaust stacks at one hospital. \n\n \n \nThis represents the second order from this major hospital group. In November of last year, this customer ordered a FLU-ACE(R) heat recovery system valued at approximately $910 thousand for another one of its hospitals. \n\n\n \n\n\n\n \n\"This customer is a large healthcare organization that includes a number of hospitals and healthcare facilities,\" said William Crossland, CEO of Thermal Energy. \"With hospitals being among the most energy-intensive facilities, energy efficiency represents an incredible cost saving opportunity. It's not surprising that hospitals make great candidates for our products. We have two existing, proven technologies that can help hospitals save money by reducing their fuel bills while also lowering their greenhouse gas emissions. In fact, so far we have helped our numerous hospital customers save an estimated $81 million in operating costs while reducing their carbon emissions by approximately 540 thousand tonnes.\"\n\n \n \nWant to learn more about Thermal Energy's proprietary heat recovery systems? Several case studies highlighting the high return on investment and compelling payback periods the FLU-ACE heat recovery systems represent across various industry applications are available on the Company's website at http://www.thermalenergy.com/heat-recovery-case-studies.html. \n\n \n \nAbout Thermal Energy International Inc.\n\n\n\n \nThermal Energy International Inc. is an established global supplier of proprietary, proven energy efficiency and emissions reduction solutions to the industrial and institutional sectors worldwide. We save our customers money and improve their bottom line by reducing their fuel use and cutting their carbon emissions. Our customers include a large n...