CECO Environmental Corp. ("CECO," "CECO Environmental") (NASDAQ: CECE), a global leader in providing environmental and equipment protection solutions to a variety of markets and applications, is pleased to announce that it has been awarded a large-scale project to provide eleven simple-cycle exhaust stacks fitted with CECO Aarding Silencer Technology. The technology will be used for a new power generation plant in Germany, and is part of an initiative in the region to improve grid stability in support of an increase in renewable energy sources.
"Our CECO Aarding engineers bring deep knowledge and proven expertise in the noise abatement field which enables us to provide customized emissions-management systems, that can support our customers in meeting even the lowest noise regulations," explains Lars Theunissen, GM of CECO Aarding. "We designed a unique internal system that will increase assembly efficiency and enable our customer to meet a very compressed project schedule with a durable high-quality system."
As more renewable power generation sources are added to the grid, CECO sees growing demand for our comprehensive gas turbine exhaust and emissions systems for the fast start, simple-cycle gas turbine power plants backing up these intermittent power sources.
Key data points: The growth forecast = 9.2% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in heat pump heating system sales market to 2031 by type (water source, air source, and ground source), application (household and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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