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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Thermal Energy International Inc > Q2
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Comment by stockpickmanon Jan 27, 2022 9:39am
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Post# 34366117

RE:Q2

RE:Q2looks like the pipeline is building nicely....from 11 to now 14......I wonder if any of these projects include a Dry-Rex or Co-Gen solution !!!!!  Regardless what the content is, hoping the pipeline continues to build fast and the existing PDA orders turn into Contracts

However, in the Last Twelve Months (LTM) ended November 30, 2021, Thermal Energy have received 14 PDA orders. This is 55% higher than the pre-pandemic high in fiscal 2019 levels and the Company currently has the highest number of projects under development in its history.
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