Thermal Energy Targets Attractive Cogeneration Market with Super-Efficient CHP Solution

OTTAWA, ONTARIO – July 5, 2016 – Canadian cleantech company, Thermal Energy International (TSXV: TMG) is targeting the attractive cogeneration market by combining its proprietary FLU-ACE heat recovery technology and engineering expertise with existing power generation technologies to provide the highest efficiency combined heat and power (CHP or cogeneration) solution available.  

---

Key Benefits of a FLU-ACE Augmented Cogeneration Project:

• Up to 70% reduction in electricity costs;
• Up to 95% energy utilization efficiency;
• 15% to 20% natural gas energy savings;
• Additional 15% to 20% reduction in greenhouse gas (GHG) emissions compared to typical CHP systems;
• Verifiable emission reduction credits (ERCs)
• Typical net project payback of two to five years.

---

Thermal Energy has already applied its FLU-ACE to a number of cogeneration projects on a retrofit basis and is now offering a complete turnkey design-build cogeneration plus FLU-ACE solution.

“Electricity generation based on fossil fuels is rather inefficient. At best the electrical efficiency is usually around 40% at full load, meaning 60% of the fuel energy content is wasted as residual heat. Typical cogeneration systems make use of this waste heat, potentially improving overall efficiency up to as high as 75% to 80%. Combining a typical cogeneration product with our proprietary FLU-ACE heat recovery technology results in a marked improvement, pushing efficiency up to as high as 95%.”
- William Crossland, CEO

The Company will initially be targeting some of its key corporate accounts with whom they have strong relationships as well as specific regional markets where attractive incentive funding is available for the design and implementation of cogeneration projects.

---

About Thermal Energy International Inc.

Thermal Energy International Inc. is an established global supplier of proprietary, proven energy efficiency and emissions reduction solutions to the industrial and institutional sectors worldwide. We save our customers money and improve their bottom line by reducing their fuel use and cutting their carbon emissions.  Our customers include a large number of Fortune 500 and other leading multinational companies across a wide range of industry sectors.
 
Thermal Energy is also a fully accredited professional engineering firm, and can offer advanced process and applications engineering services.
 
By providing a unique mix of proprietary products together with process, energy, environmental, and financial expertise Thermal Energy is able to deliver unique and significant financial and environmental benefits to our customers. 
 
Thermal Energy's products include; GEM® - Steam traps, FLU-ACE® - Direct contact condensing heat recovery, and Dry-Rex® - Low temperature biomass drying systems.
 
Thermal Energy International Inc. has offices in Ottawa, Canada as well as Bristol, U.K., United States, Italy and China. The Company’s common shares are traded on the TSX Venture Exchange (TSX-V) under the symbol TMG.

For more information, visit www.thermalenergy.com.