Deal comes three months after record $11M contract with Thunder Bay mill
Thermal Energy’s FLU-ACE heat recovery systems are fuelling the growth. Revenues from that segment are up 132 per cent year-over-year in the first half of fiscal 2018.
Local firm secures $11M job with large pulp and paper customer
Local clean-tech firm reported revenue growth and a strong order backlog for its first quarter of fiscal 2018.
The clean-tech firm says in a release that the hospital is expected to save $950 million annually with the implementation of its heat recovery systems, and reduce its carbon emissions by 1,738 tonnes…
A spate of new contracts in fiscal 2017 have added some steam to Ottawa clean-tech firm Thermal Energy International’s balance sheet, pushing revenues to a record high.
Expansion into cogeneration creates opportunities for Thermal Energy to generate more revenue from each of its customer sites.
Another contract with a Fortune 500 food and beverage company may help Thermal Energy International (TSX:
As debate swirls about the political and economic impact of the U.S. government's intention to withdrawal from the Paris climate change accord, an international agreement to reduce carbon emissions,…
Despite relatively flat revenues, Ottawa’s Thermal Energy International Inc.