This news is classified in: Traditional Energy Oil and Gas
Dec 19, 2017
Tecogen® Inc , a clean energy company providing ultra-efficient, clean, natural gas powered on-site power, heating and cooling equipment, is pleased to announce the sale of two Tecopower CHP units to a major pharmaceutical company in New Jersey. The units are replacing a defunct fuel cell that was no longer serviceable. The sale includes a 10-year service contract.
Jeffrey Glick, Vice President of Sales for Tecogen, said, "We won this contract thanks to one of our strong relationships with an engineering consulting firm. Independent third-party engineers provide a crucial and impartial endorsement of both our product and service offerings. These firms recognize the strength of our value proposition and are able to speak to our successful long term track record of consistent performance and reliability."
"We've had increasing success selling into the pharmaceutical industry," stated Benjamin Locke, Tecogen's Co-CEO. "It's a good fit for us because of the consistent need for electric power and hot water for laboratory environments that exist in this industry. This order builds on the previous order for 5 Inverde units to a pharmaceutical company in California announced earlier in the year, demonstrating that this market has good growth potential for Tecogen products. Geographically, this sale fits as well by expanding our presence and working to enhance our critical mass in northern New Jersey."
