Business
Thermal Energy Commissioned to Deliver Innovative Energy and Carbon Emission Reduction Solution to Leading European Meat Producer
(TheNewswire) OTTAWA, ONTARIO – TheNewswire - September 7, 2022 – The...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy Commissioned to Deliver Innovative Energy and Carbon Emission Reduction Solution to Leading European Meat Producer\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n OTTAWA, ONTARIO –\n \n TheNewswire -\n \n September 7,\n2022 – Thermal Energy International Inc. (“\n \n \n Thermal Energy\n \n \n ” or the “Company”) (TSXV:\n \n \n TMG\n \n \n \n \n )\n \n \n ,\n \n (\n \n OTC:\n \n \n TMGEF\n \n \n ), a provider of\ninnovative energy efficiency and carbon emission reduction solutions\nto major corporations around the world, has been commissioned by a\nleading meat producer to deliver a new innovative\n \n turn-key energy efficiency and carbon emission reduction\ns\n \n \n olution\n \n (figures shown in CAD).\n \n \n \n Thermal Energy’s Heat Recovery Turn-key solution is\nexpected to\n \n deliver a 27% reduction in fuel an\n \n d\noffset approximately 550 tonnes of CO2 per year, the equivalent of\npermanently removing 115 cars from the road. Valued at approximately\n$800,000, this order covers all engineering, manufacturing,\ninstallation, and training for the system.\n \n \n \n \n This\n \n leading meat producer operates 15\nmanufacturing plants in Europe to serve a portfolio of 22 brands that\nare active in over 43 countries globally. Committed to reducing\n \n GHG emissions and water impacts in its supply chain, the\norganization turned to Thermal Energy after recognising the potential\nat a trade show.\n \n \n \n \n This project represents an innovative new application\nfor our technology and is our second of its kind from this meat\nprocessing sector-specific heat source, representing a highly\nrepeatable solution\n \n \n within this company’s\nportfolio and within the broader sector.\n \n \n \n “This project is an excellent example of our unique capabilities to\ndeliver innovative solutions that lower our customer’s fuel use and\ncarbon emissions. With European natural gas prices now 10 t\n \n i\n \n mes higher than usual for this time\nof the year, Thermal Energy’s solutions are required more than ever.\nThis customer – like all our customers – now has extra assurances\nthat they can weather what is described by Market Insider as ‘the\ncontinent's worsening energy crisis’...