Thermal receives $1.32M order from existing customer
THERMAL ENERGY International Inc. has received a $1.32-million heat recovery order from an existing hospital customer. The order is expected to be completed and revenue earned over the next six months.
“Increasing energy efficiency, reducing greenhouse gas emissions and saving costs are of increasing importance to hospitals around the world, and our solutions help them accomplish all three,” said William Crossland, chief executive officer of Thermal Energy. “Fifteen per cent to 20 per cent of the energy used in a typical hospital boiler plant is lost as exhaust gas exiting the boiler stack. Our heat recovery system will recover waste heat from four steam boilers at this hospital and is expected to result in annual savings of approximately $338,000 while reducing greenhouse gas emissions annually by 1,738 tonnes. This customer already benefits from the energy savings and emission reductions afforded by our energy efficiency solutions. In addition to having installed GEM steam traps at this particular hospital a few years ago, we have previously sold GEM traps to another hospital and a heat recovery system to a third hospital in this hospital group.”
Including this project and previous orders and products installed to date, doing business with Thermal Energy International is expected to provide this group of hospitals with approximately $950,000 in annual savings while reducing its carbon emissions by more than 3,900 tonnes per year.
About Thermal Energy International Inc.
Thermal Energy International is an established global supplier of proprietary, proven energy efficiency and emissions reduction solutions to the industrial and institutional sectors. The company saves its customers money and improve their bottom line by reducing their fuel use and cutting their carbon emissions.
Thermal Energy is also a fully accredited professional engineering firm, and, by providing a unique mix of proprietary products together with process, energy and environmental engineering expertise, Thermal Energy is able to deliver unique turnkey projects with significant financial and environmental benefits for its customers.
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William M Crossland, John Brownrigg Kelly, William W Ollerhead, Jack Theodorus Schoenmakers, David Andrew Spagnolo, William Baxter White, Michael Williams
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