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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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

Post by TMG12FORWRDon Aug 23, 2022 10:10pm
177 Views
Post# 34915963

re:CW and TMG

re:CW and TMGThe annoucement as made by CW indicates that they have the lead/initiative behind the essence.
It is then appropriate for CW to issue the news, such as it is.

To my knowledge, also such as it is, TMG and CW have never had any dealings previously.

So, why is CW now interested in TMG?

This is from researchgate.net:

"The thermodynamic efficiency of a standard Nuclear Power Plant(NPP) is around 33%.
Therefore,about 67% of the heat generated by the nuclear fuel is literally wasted to the environment."
It continues to mention that this heat could be used locally in various manner. That would be a lot of recovery projects when you think that France's electric energy is close to 100% thermal nuclear power genrated.  And, there are many,many more nuclear power plants about the world.

Question is whether or not CW determines that TMG heat recovery technologies can do what CW requires?  When will that come about?

At minimum TMG certainly has a preferred supplier status.

Meanwhile we await Q4 and final f.2022 financials on or before August 31/22








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