The project was qualified for funding from the Ontario Centres of Excellence Target GHG program.
Resulting emissions reduction expected to be equivalent to preventing the burning of more than 21 million kilograms of coal per year
Luc Mandeville hired as Senior Project Engineer.
Thermal Energy Reports Record First Quarter Revenue with Growth of 45% and a Strong Order Backlog of $7.8 million.
$1.32 million heat recovery order from an existing hospital customer.
Fortune 500 food and beverage customer to implement a “Super-Efficient Cogeneration™” heat recovery project at one of its plants.
Financial results for the three-month (“Q4” or the “quarter”) and twelve-month (the “year”) periods ended May 31, 2017.
Kathy Milsom will be resigning from the Company’s Board of Directors, effective August 31, 2017
The heat recovery system is expected to provide utility savings of $360 thousand per year, primarily in the form of natural gas savings.
Financial results for the three months (Q3) and nine months (YTD) ended February 28, 2017.