Ottawa-based clean-tech firm Thermal Energy International is continuing to make inroads into the health-care sector, following an $820,000 contract from a teaching hospital.
The local company, which does not typically name its clients, says the contract involves its heat recovery technology. In simple terms, its equipment captures and reuses heat from the exhaust and steam traps of large buildings, such as hospitals and industrial facilities. This helps cut its customers’ energy bills and reduces emissions.
The latest deal comes three months after Thermal Energy signed the largest contract in the company’s history, an $11-million agreement with Resolute Forest Products for its Thunder Bay’ mill.
OBJ360 (Sponsored)
Connecting homebuyers with convenient, attainable options in Ottawa’s west end
Minto Communities has been building new homes, master-planned communities, and condominiums for almost 70 years across North America, always putting homeowners and homebuyers first. To ensure the best quality of
Carleton Place: The charming small town where heritage and nature intertwine
Whether you’re looking to get away for the day or a long weekend, Carleton Place is a friendly town that offers plenty of options for anyone.
In late January, Thermal Energy reported a 21 per cent increase in second quarter revenues.