Canadian cleantech company, Thermal Energy International, announced yesterday that it has landed its first "Super-Efficient CogenerationTM" order. The order, valued at $1.46 million, comes as repeat business from its leading Fortune 500 food and beverage customer. This customer most recently orders a $1.82 million FLU-ACE heat recovery system from Thermal Energy in July.
Partially utilizing the FLU-ACE(R) unit previously installed, Thermal Energy will work with this customer to implement a number of additional energy efficiency and heat recovery measures related to three new reciprocating engine units to be installed on-site. These measures are expected to result in the customer's cogeneration plant being more than 88% efficient. This compares to typical cogeneration systems, which operate between 65% and 75% efficiency.
"Our solutions - our technologies and expertise - enable us to squeeze more usable energy out of each unit of fuel. Our Super-Efficient Cogeneration solution represents a dramatic energy efficiency improvement over typical cogeneration systems widely available. This has allowed us, at this site, to roughly double the revenue that we will earn when compared to providing a FLU-ACE system alone." - William Crossland, CEO of Thermal Energy.
Key benefits of Thermal Energy's Super-Efficient Cogeneration Solution:
Typical cogeneration systems produce combustion efficiencies in the range of 65% to 75% (compared to 35% to 45% for a non-integrated reciprocating engine or gas / steam turbine plant). By combining a typical cogeneration unit with Thermal Energy's energy efficiency and heat recovery expertise and technology, cogeneration efficiencies can now be pushed as high as 95%. Other key benefits include:
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