Tecogen secures $8.4M trigeneration project in Manhattan
Tecogen announced an $8.4M Turnkey Engineering, Procurement, and Construction Services contract to install a 1 MW trigeneration plant at a data center located in New York City. Tecogen will install, commission and provide operations and maintenance services for multiple InVerde CHP systems and an absorption chilling plant to be installed at the data center. The system will also provide backup power to the complex in the event of a grid outage. An Energy Services Company will own the system and sell the energy to the complex at a discounted rate from the existing electric utility. The project will be 100% financed by the ESCO which will provide on-site utility services for the commercial and retail tenants at a dramatically lower cost than what they would pay for energy from the grid.