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Bullboard - Stock Discussion Forum Gaensel Energy Group Inc GEGR

Gaensel Energy Group Inc is a diversified holding company with assets in Software/Gaming and VR, Health and Wellness, Technology, CRM and Data, Commodities, Retail Coffee, as well as Renewable Energy and Contracting.

PINL:GEGR - Post Discussion

Gaensel Energy Group Inc > Gaensel Energy Group, Inc. (GEGR) Announces Our Consorzio
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Post by AveragePenny on Jul 18, 2022 10:30am

Gaensel Energy Group, Inc. (GEGR) Announces Our Consorzio

Salt Lake City, Utah--(Newsfile Corp. - July 18, 2022) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company"), a diversified holding company, announces following corporate update.

The Company announces the purchase of a Lipro HKW-HGW Plant valued at over $7,000,000 USD from its Trustee. The Lipro HKW-HGW Plant is a biomass cogeneration plant designed to produce electricity from the wood chips to meet the needs of the user and, at the same time, the heat produced is used for heating without dispersion. In addition, unused electricity is fed into the public electricity grid.

The cogeneration plants allow the simultaneous generation of electricity and heat, with fuel savings compared to a separate production of the two vectors which translates into an economic and environmental advantage.

The cogeneration systems allow to recover the heat produced and dispersed during the electricity generation process, using it to cover the heating needs.

Trigeneration plants, on the other hand, in addition to generating electricity and heat for heating, use part of the residual heat as energy to power the cooling system.

Pyrolysis is the most efficient way to transform solid biomass into electricity, but not all systems guarantee the same performance. Lipro HKW - HGW divides the process into 3 different phases and is able to optimize them as needed, guaranteeing more reliable performance, the best for 10 years.

https://www.newsfilecorp.com/release/131152

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