EuroSite Power (EUSP – $0.60), which owns and operates On-Site cogeneration systems in the United Kingdom, has started-up its 32nd Combined Heat & Power (CHP) system.
The 331kW TEDOM CHP system was installed at The Dome leisure center in Doncaster, UK. Under the terms of a 15 year agreement, the leisure center buys the efficient energy produced by the system from EuroSite Power at a rate guaranteed to be lower than if it were to buy directly from the British national grid. The center is estimated to save around $700,000 (£532,500) over the next 15 years.
The startup is also excellent news for EuroSite Power, as it can now begin to earn revenues from the installation. In addition, next year the Company can apply for additional Enhanced Capital Allowance (ECA) incentives from the UK government resulting from this installation. [click to continue…]
For hospitals, keeping the power on isn’t just about convenience or comfort, it’s about life or death. Providers and patients depend upon reliable energy to power the medical equipment used during procedures and patient care. Tecogen (TGEN – $4.24) provides that kind of critical reliability to hospitals.
The Company’s state-of-the-art InVerde e+ cogeneration units meet the rapid blackstart requirement for Emergency Power Supply Systems, giving hospital managers and clinicians the peace of mind that their patients will never be left in the dark, or placed at risk because of a power outage.
Moreover, Tecogen’s solutions give hospitals the ability to reduce operating costs and to minimize emissions. Consequently, the Company has successfully served the hospital industry for over three decades.
Most recently, it received an order for three InVerde e+ 100 kW Combined Heat and Power (CHP) units from a [click to continue…]
2016 turns out to be an inflection point for EnWave Corp. (TSXV:ENW – $1.27 CAD & OTC:NWVCF – $0.94 USD). In the Company’s second quarter, which ended March 31st, it reported a positive net income for the first time in its history. And in the third quarter, revenues and earnings were even higher. So it was high time to speak with Mr. Brent Charleton, the Senior Vice President Business Development at EnWave, to find out what more is in the pipeline.
When talking about the Company’s financial results, Mr. Charleton confirms that he foresees several strong quarters ahead. He also shares his thoughts on the royalties that EnWave receives on commercial products that were produced with REV machinery.
Mr. Charleton delivers plenty of valuable information about the several segments of the dried products market in which EnWave is significantly growing. He discusses [click to continue…]
The EuroSite Power (EUSP – $0.49) team exhibited at The Energy Event the past week in Birmingham, UK. The annual two day show brings together the key players from the supply and demand side of energy.
Paul Hamblyn, the Managing Director of EuroSite Power, was quoted saying, “This was a good event for us. Many energy professionals that manage buildings, retrofit or build new developments, stopped by at our booth to enquire about our on-site utility services. At the same time, several operational people or energy managers came by to find a solution for a specific project.”
Mr. Hamblyn continued, “Now starts the crucial phase, [click to continue…]
EnWave Corporation (TSXV:ENW – $1.27 CAD & OTC:NWVCF – $0.94 USD) offers industrial-scale dehydration technology for commercial applications in the food and pharmaceutical spaces. The Company’s Radiant Energy Vacuum (“REV”) platforms are becoming the new global dehydration standard, as they are faster and cheaper than freeze drying, and have better end product quality than both air drying and spray drying.
EnWave achieved a positive net income in its third quarter ended June 30, 2016. The second consecutive quarter of positive earnings for the Company! EnWave generated net income from continuing operations of $113,000 compared with a loss of $1,562,000 in the third quarter of last year.
The trend of significant [click to continue…]
The precious metals market has skyrocketed in 2016. Gold and silver have risen 23.5% and 36% respectively year-to-date. Consequently, the stock price of most mining companies have posted substantial gains since the beginning of the year.
The 3-year bear market in precious metals seems to be in the past, and stocks have returned to more normal valuations. Also the M&A activities and financing opportunities in the sector have returned.
All of this makes it an ideal time to search for mining companies with solid fundamentals and strong upside potential. One such Company is [click to continue…]
When award-winning architect Seymour R. Joseph, designed Glenn Gardens, a 266-unit residential building on Manhattan’s Upper West Side, back in 1976, he likely didn’t anticipate the energy-related challenges and opportunities that the building’s owners and its residents would experience in the 21st century. With electricity prices on the rise and gas prices remaining steady, and even declining, opportunities have emerged to take advantage of the benefits of Tecogen’s (TGEN – $4.75) cogeneration products.
Now, 40 years since this elegant building was erected, both residents and building owners will benefit from the power behind Tecogen’s most recent product innovation—the InVerde e+ Combined Heat and Power (CHP) cogeneration system.
For residents it’s all about comfort and reliability. They want a pleasing environment with the right temperature, and they never want to be left in the dark, even in the case of an emergency or [click to continue…]