Thermal Energy announces $2.6 million heat recovery order from dairy and nutrition company
Mike Edwards
News People in Process carbon emissions dairy heat recovery Thermal Energy International turn-key order
William Crossland, Thermal Energy CEO: "This turn-key project will reduce (the customer's) reliance on natural gas and lower their carbon footprint while saving them money." Thermal Energy International Inc. of Ottawa, a provider of energy efficiency and carbon emission reduction solutions, has received a $2.6 million turn-key heat recovery order from a multinational dairy and nutrition company.
“We are thrilled to partner with this leading dairy producer to maximize the potential of a combined heat and power system already on site,” said William Crossland, Thermal Energy CEO.
“This turn-key project will reduce their reliance on natural gas and lower their carbon footprint while saving them money. While we have sold them GEM steam traps in the past, this is our first turn-key heat recovery project with this customer.”
By displacing the demand for natural gas through waste heat recovery, this turn-key project is expected to result in estimated annual savings of $1.2 million on fuel while reducing CO2 emissions by 4,231 tonnes, as well as a 50 to 90% reduction in annual emissions of particulate matter (which are contributors to asthma and other respiratory diseases) and acid gases such as SO2. The project is expected to provide a payback of approximately 2.1 years.
The project is expected to be completed and revenue earned within 12 months.
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