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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 proneon May 08, 2024 7:59am
128 Views
Post# 36028397

Certifications can elevate TEI's significance

Certifications can elevate TEI's significance

A Global materials company...As a market leader,

-->this customer accepts its role in forging the industry's path to a low-carbon economy, and has engaged with the Science Based Targets initiative (SBTi) to validate their ambitious scope 1 and scope 2 greenhouse gas emissions targets.

-->This $1.9 million Turn-key project is expected to save the customer over $980,000 annually on its energy bill, reduce co2 emissions by 977 tonnes per year and improve pollution prevention and control.

-->"This is an interesting relationship for two reasons.

1)Firstly, the customer became aware of our technology following an acquisition and chose to replicate it collaboratively with our expert engineers.
2)Secondly, the customer is engaged with STBi net zero standardization, meaning total transparency and accountability,

-->so it speaks volumes that this customer trusts our technology to help reach its ambitious emissions reduction targets," said William Crossland, Thermal Energy CEO.


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