Business
Thermal Energy to Help Global Brewing Company Save Energy and Millions of Litres of Water Annually with $750,000 Heat Recovery Project
(via Thenewswire.ca) Ottawa, Ontario / TheNewswire / August 8, 2016 - Thermal Energy ...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy to Help Global Brewing Company Save Energy and Millions of Litres of Water Annually with $750,000 Heat Recovery Project(via Thenewswire.ca)\n\n \nOttawa, Ontario / TheNewswire / August 8, 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 $750,000 order from one of the world's largest beer companies for the supply and installation of one of Thermal Energy's proprietary FLU-ACE(R) heat recovery systems. \n\n \n \nThe turn-key project is designed to recover waste heat from two natural gas hot water boilers and one steam boiler at one of the customer's facilities, resulting in annual savings of approximately $268,000 and a project payback of under three years. In addition to lowering the fuel costs for this one facility by 6%, the heat recovery system is expected to reduce carbon emissions by 1,045 tonnes and save more than five million litres of water annually. The project is expected to be completed and revenue earned over the next six months\n\n \n \n\"Our FLU-ACE heat recovery system will help a world-class beer company live up to its environmental sustainability commitments,\" said William Crossland, CEO of Thermal Energy. \"Fossil fuel use and water scarcity remain two of the world's most serious environmental challenges, and breweries and other food and beverage companies use a considerable amount of fossil fuels and water in their operations. We will be helping this customer use a lot less of both. We've already helped more than 100 other food and beverage companies save an estimated $72 million in energy, water and maintenance costs while reducing their greenhouse gas emissions by 760,000 tonnes.\"\n\n \n \nThermal Energy's energy efficiency solutions have wide application in the food and beverage industry, from breweries and bottling operations, to food processing, packaging, and other related operations. To learn more about how Thermal Energy has helped food and beverage companies become more sustainable, review the Company's case studies on their website at www.thermalenergy.com/food-and-beverage. \n\n \n \nAbout Thermal Energy International Inc.\n\n\n\n \nThermal Energy International Inc. is an established global supplier of propri...