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Thermal Energy Integrating Solar Thermal into Heat Recovery System for Leading Fortune 500 Food & Beverage Corporation
(via TheNewswire) OTTAWA, ONTARIO / TheNewswire / Novem ber 26, 2018 - Thermal Ener...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy Integrating Solar Thermal into Heat Recovery System for Leading Fortune 500 Food & Beverage Corporation(via TheNewswire)\n \n \nOTTAWA, ONTARIO / TheNewswire / November 26, 2018 - Thermal Energy International Inc. (\"Thermal Energy\" or the \"Company\") (TSX-V: TMG), a provider of proprietary energy and water efficiency, emission reduction and sustainability solutions to businesses globally, has been commissioned by a leading Fortune 500 food and beverage conglomerate to integrate a heat recovery process with a solar thermal water heating system. \n\n \n \nThe landmark project, with an order value of approximately $300,000, leverages Thermal Energy's expertise in low temperature heating systems. The initiative will see an existing FLU-ACE(R) Heat Recovery Unit being used to support a solar thermal system already in operation at the site. It is an important step towards advancing the Company in the sustainable energy space.\n\n \n \nUpon deployment, solar thermal heated water will further heat the direct contact FLU-ACE condensing circuit in a process whereby waste heat and water is condensed and recovered from the boiler plant exhausts. It is estimated that the addition of the solar thermal technology will increase this measure's efficiency by over 15% and reduce greenhouse gas emissions by an additional 374 tonnes CO2e per year. \n\n \n \n\"We are pleased to announce the receipt of another significant order from this corporate account,\" said William Crossland, CEO of Thermal Energy. \"Our acknowledged success to date in recovering and utilizing low grade waste heat at the business's facilities has led to our selection for this project. \n\n \n \n\"This is the latest in a series of projects conducted with this key client. While it is not the highest value order the company has placed with us, it demonstrates our continued commitment to working together and their confidence in our ability to broaden our scope by including sustainable solar solutions.\" \n\n \n \nThe project is expected to be completed and revenue earned within six months. \n\n \n \nENDS\n\n \n \nFor media enquiries contact: \n\n\n \nDevin Crockett or Liz Fisher \n\n\n \nMarketing Manager \n\n\n \nThermal Energy International Inc.\n\n\n \nCanada: 613-723-6776\n\n\n \nUK: +44 (0)117 917 2179\n\n\n \[email protected] \n\n \n \nFor investor...