Business
Thermal Energy International Provides Spring Business Update
(TheNewswire) OTTAWA, ONTARIO – TheNewswire - March 29 , 2022 &#...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy International Provides Spring Business Update\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n OTTAWA, ONTARIO –\n \n TheNewswire -\n \n March\n \n 29\n \n , 2022 – Thermal Energy International Inc. (“\n \n \n Thermal Energy\n \n \n or the “Company”) (TSXV:\n \n \n TMG\n \n \n ) (OTC:TMGEF), a cleantech company and global\nprovider of innovative and proprietary industrial carbon emissions\nreduction solutions to some of the world’s largest companies, has\nshared a\n \n \n spring business update\n \n \n on\nwww.thermalenergy.com.\n \n \n \n In this business update CEO William Crossland\nhighlights some of Thermal Energy’s core strategic initiatives and\nprovides updates on notable activities, orders, the market and TEI’s\ncompetitive position, including:\n \n \n \n \n \n Continued positive market changes\n \n \n \n \n Custom equipment continues to thrive – order intake 43% greater than\npre-Covid levels\n \n \n \n \n Record levels of paid turn-key Project Development Agreements\n(“PDAs”) - double the F2019 pre-covid levels\n \n \n \n \n Secured first PDA for an Energy as a Service (“\n \n EaaS”) project from one of our best and largest corporate\ncustomers\n \n \n \n \n \n Repeat order levels from our multinational customers remain high at\n70-80%\n \n \n \n \n Membership of\n \n global coalition of large thermal energy\nusers that represent approximately $1.3 trillion in market\ncapital\n \n \n \n \n \n This spring business update is available on the\n \n \n company’s website here.\n \n \n \n \n Readers are encouraged to\n \n \n subscribe to TEI News\n \n \n to\nreceive strategic news and updates directly to their inbox.\n \n \n \n ENDS\n \n \n \n \n For media enquiries\ncontact:\n \n \n \n Thermal Energy International Inc.\n \n \n \n Canada: 613-723-6776\n \n \n \n UK: +44 (0)117 917 217\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n For investor enquiries:\n \n \n \n Thermal Energy International Inc.\n \n \n \n 613-723-6776\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n About Thermal Energy\nInternational Inc.\n \n \n \n Thermal Energy International Inc., ranked as one of\n \n \n \n \n Canada’s Top Growing\nCompanies\n \n \n \n \n in 2020 and 2019, is an\nestablishe...