The order includes major equipment, engineering, and commissioning and is valued at over $500,000. Thermal Energy will design and deliver a customized FLU-ACE® system for the customer’s Russian production facility. The FLU-ACE® will be integrated with, and improve the efficiency of, the biogas generation system already present at the site.
The project is the second of its type for Thermal Energy in the sector, with the Company having previously supplied a similar FLU-ACE® biogas application to another leading beer producer, announced August 7, 2019. Over the last 24 months, the Company has secured heat recovery projects with three of the world’s top five brewers.
“This latest order demonstrates our ability to harness our established network of customers by supplying and servicing their sites around the world, while finding new methods of supporting their carbon reduction initiatives with innovative repeatable applications,” said William Crossland, CEO of Thermal Energy.
“With biogas generation, a standard process across many similar sites the world over, this application of our technology, especially within this sector, holds great opportunity for our Company.
“It emphasizes our capacity to meet the individual needs of the customer and the site – whether they require a full turnkey solution with installation or purely the supply of a Major Equipment Package (MEP) including engineering and commissioning, such as this latest example. This approach allows Thermal Energy to scale in new territories, such as Russia, and to accelerate growth by flexibly offering either turnkey or MEP solutions based on our customers’ implementation models and preferences.” |