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SHARC Energy Systems C.SHRC

Alternate Symbol(s):  INTWF

SHARC International Systems Inc. is engaged in energy recovery from the wastewater the Company send down the drain every day. Its energy's systems recycle thermal energy from wastewater, generating energy and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings. Its products include SHARC Series and PIRANHA Series. The SHARC Series taps the potential of wastewater energy to reduce energy and water consumption, carbon emissions and energy costs at large, industrial scales. The SHARC utilizes the power of wastewater for both heating and cooling for the large capacity requirements of multi-family residential, commercial and energy districts. The PIRANHA Wastewater Heat Recovery & Cooling System is a specialized water-to-water heat pump that recovers energy directly from wastewater and uses this source energy to produce hot water. PIRANHA Series is typically used for potable domestic hot water (DHW) purposes.


CSE:SHRC - Post by User

Post by stockpickmanon Sep 30, 2022 10:46am
197 Views
Post# 34997440

business growing

business growingSales growing in leaps and bounds with lofty but realisitic goals... ...https://sustainablebiz.ca/309059-2/?utm_source=twitter&utm_medium=Zoho+Social&utm_content=ReadtheSus

hilights of the article.....

SHARC International Systems Inc.‘s pipeline of sales for its wastewater energy treatment (WET) technology grew by almost a third compared to the previous quarter.

We have over 30 opportunities making up that $10 million in our pipeline and we have another, I’d say almost in the $30 to $40 million range of quoting what’s out there with distributors and different parties,” said Hanspaul Pannu, SHARC Energy’s CFO.

SHARC’s sales pipeline

Pannu attributes about 75 per cent of the company’s pipeline to its distributors, the highlight being a joint sales and marketing agreement in August with Salas O’Brien, an employee-owned engineering firm.

overall, the company’s key markets are broken down into five cities and their surrounding areas: Seattle, New York City, Denver, Toronto and Vancouver. By 2025, its goal is to have a sales pipeline in the range of $100 million.

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