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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

Comment by proneon Nov 07, 2022 7:01am
95 Views
Post# 35078208

RE:RE:RE:RE:RE:Canada will introduce refundable tax credits for clean tech

RE:RE:RE:RE:RE:Canada will introduce refundable tax credits for clean techTEI needs to lobby policy makers.  Germany went negative to 'energy efficiency'.  The UK is funding the large Tier 2 Integrators - but TEI has ignored collaborations.

Previously, in the UK at the NHS conference at which TEI and the Hospital shared a 'Best'  Award,  Politicians were in attendance, including the minister.  I had hope that this was going to be a 'door opnerer'.

Never sensed that it created any follow-on opportunity.  TEI has been labeled 'The Steam Trap of Choice' before - but nothing became of it.

Based on the NR from C-W - they intend to market the steam trap to their clients.   Sounds good.  But TEI 'still' needs to mount a 'strong' sales and marketing effort.

Most of TEI repeat sales seem to be companies that come back and 'ask' for more.

So here we are 'waiting' for the completion of delayed engineering................
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