RE:Key points ...As Prone states, so much info in the news release......just a matter of time before .11 is really really really cheap.....
- Sofame, TMG, Gem products in one overall solution
- new construction now in the mix of offerings
- BEI products compliment all the other products and vise versa
- under a year payback
- water efficiency in this project as well as many others
- governments and consumers demanding products being manufactured in o or near o emission facilities
All great news, looking so forward to the next short while !!!!!
From the news article, I hilighted in
red below some of the best points in the article
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The relationship with this customer began just before the pandemic in late 2019 with GEM™ steam trap projects at two of their sites. As world travel reopened fully in 2022, a major equipment order was announced for this customer that was not only the first Sofame system designed, engineered, and sold independently by Thermal Energy since the acquisition of Sofame in July 2021, but expanded Thermal Energy’s offerings to include heat recovery from both air and water. This was later succeeded by a further order of GEM™ steam traps.
This recent order valued at over $330,000 covers the engineering, manufacturing, installation and training of a second RBT® wastewater heat recovery system at a new build facility. The RBT® system captures heat from wastewater and uses it to heat incoming water which is expected to produce savings of approximately $349,000 per year, less than a one-year payback.
Fashion-conscious consumers favour sustainable and socially conscious brands, forcing fashion retailers and textile manufacturers to focus their efforts on sustainability in order to retain competitive advantages in the fashion retail space. That was certainly true for this customer, who has placed sustainability at the forefront of its operations, so it was imperative they find the right supplier.
“Our ongoing relationship with this customer has only been possible through our extensive suite of technologies. We have been able to support this customer at existing sites, with new equipment and now the integration of our technology during the build of their brand-new facility, rather than as a retrofit as would usually be the case. This is why we’re trusted by world-leading organizations to provide the right solutions with the best return on investment for all types of manufacturing processes. Consistently being able to deliver reliable energy savings and carbon reduction solutions for our customers is why they return to us time and time again” said William Crossland, Thermal Energy CEO.