SHARC Energy Systems INTWF

RE:Shrc and Piranha projects

[stockpickman]

this is going to get really fun......the link for the article is:
https://www.sharcenergy.com/sharc-energy-welcomes-washington-states-building-electrification-mandate/?utm_source=twitter&utm_medium=Zoho%20Social&utm_content=Excitingne

SHARC Energy Welcomes Washington State’s Building Electrification Mandate

Starting 2023 Electric Heating and Cooling Required in New Commercial & Residential Buildings

Vancouver, B.C, Canada (June 09, 2022) – SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF)
 (“SHARC Energy” or the “Company”), a world leader in energy transfer from wastewater, commends Washington for being
the first US state to incorporate building electrification mandates into statewide energy codes. Beginning in 2023,
builders are required to install electric heat pumps for heating and cooling in new commercial buildings and multi-family
 residences. According to an analysis by Rocky Mountain Institute, restricting the use of natural gas in buildings in Washington
alone can eliminate 8.1 million tons of carbon dioxide by 2050.
SHARC Energy’s technology is already supporting Seattle and Washington State in meeting its goal of reducing carbon emissions
 from buildings, which was the State’s fastest-growing source of greenhouse gas emissions between 1990 and 2015, while producing
 reduced heating and cooling costs. The Company’s PIRANHA Wastewater Energy Transfer (“WET”) Series, which is a self-contained
 WET heat pump, is installed or scheduled to be installed in the following projects  owned by Sustainable Living Innovation:
A PIRANHA T15 installed in 303 Battery Project, contributed to the residential tower being the first certified
as Zero Energy by the International Living Future Institute
A PIRANHA T5 HC will be installed at 8601 Aurora Avenue
A mix of 7 PIRANHA and PIRANHA HC T5, T10 and T15 WET Systems has been selected to be installed in
 five other projects in design or under construction
The PIRANHA WET system is an electrical hot water system that extracts thermal energy from wastewater and uses it to provide
100% of its hot water production at an average year-round efficiency of 400%. Every dollar of energy used to operate the system
generates four dollars of output. The PIRANHA HC almost doubles that efficiency as this model provides simultaneous cooling as
a by-product of hot water production. There are nearly 30 SHARC and PIRANHA WET systems installed or in progress in the
United States, Canada, United Kingdom, and Australia helping residential and commercial buildings and district energy systems
 meet their sustainability goals.
“We applaud first the city of Seattle and now the state of Washington for being forward-thinking leaders and taking significant steps
 towards reducing the use of fossil fuel in buildings to curb greenhouse gas emissions. We hope other states in the US and countries
worldwide will adopt similar electrification measures to their building codes. Recognizing the environmental and economic benefits of
recycling thermal energy from wastewater, companies across the globe have shown tremendous interest in adopting SHARC Energy
technology. Our Company is in a strong position to fulfil the growing demand and support the industry’s fight against climate change,” 
says Lynn Mueller, Chief Executive Officer, SHARC Energy.
Apart from residential and commercial buildings, a SHARC Wastewater Energy Transfer (“WET”) system will also be 
installed in the heart of Seattle, a few minutes from the Space Needle. The project will be taking advantage of the pioneering
 King County Wastewater Heat Recovery Pilot program which allows for private commercial property owners and developers
 to tap into the sewer line to create low carbon and electrically efficient space heating, space cooling and hot water load for their buildings.