Thursday, July 20, 2017

Three Tecochill (NASDAQ: $TGEN) Water Chillers sold to Massachusetts #Cannabis Cultivation Facility

Three Tecochill (NASDAQ: $TGEN) Water Chillers sold to Massachusetts #Cannabis Cultivation Facility

Deal marks third sale into the State's growing cannabis industry

WALTHAM, MA - July 20, 2017 ( Newswire) Tecogen® Inc. (NASDAQ: TGEN) 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 three Tecochill model STx water chillers to an indoor cannabis cultivation facility in central Massachusetts. This order is independent of and separate from another order for two model DTx chillers announced in June and marks the third sale that the company has closed into the nascent cannabis industry of Massachusetts. It is Tecogen's fifth sale to the cannabis industry overall. The three units will be able to provide the new 30,000 Sq. ft. growing facility with 450 refrigeration tons of year-round cooling.
In addition to reducing energy usage and operating costs, Tecochill typically offers an additional advantage in that it consumes virtually no electricity. This can help customers avoid expensive and generally time consuming electric service upgrades from their utility. Older buildings that are being retrofitted for use as indoor growing facilities frequently do not have the electrical infrastructure needed to support the immense electrical needs required by both the lighting as well as the HVAC system needed to remove the heat generated by the lighting.

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