Thermal Energy Announces $1.4 Million Heat Recovery Project with Malted Barley Producer
Thermal Energy International (OTCQB: TMGEF) has secured a $1.4 million CAD turnkey heat recovery project with a European malted barley producer. The project aims to reduce hot water usage, fuel consumption, and emissions at the customer's European facility.
The project, expected to be completed within 12 months, will deliver significant environmental benefits including a one tonne reduction in annual NOx emissions, and a 50% to 90% reduction in particulate matter and acid gases (SO2). The company has previously executed successful energy-saving projects with four of the top five breweries globally.
Thermal Energy International (OTCQB: TMGEF) ha ottenuto un progetto chiavi in mano da 1,4 milioni di dollari CAD per il recupero di calore con un produttore europeo di orzo maltato. L'obiettivo del progetto 猫 ridurre il consumo di acqua calda, il consumo di carburante e le emissioni presso lo stabilimento europeo del cliente.
Il progetto, che si prevede sar脿 completato entro 12 mesi, apporter脿 importanti benefici ambientali, tra cui una riduzione di una tonnellata annua di emissioni di NOx e una diminuzione dal 50% al 90% delle particelle e dei gas acidi (SO2). L'azienda ha gi脿 realizzato con successo progetti di risparmio energetico con quattro delle cinque principali birrerie a livello mondiale.
Thermal Energy International (OTCQB: TMGEF) ha asegurado un proyecto llave en mano de recuperaci贸n de calor por 1,4 millones de d贸lares CAD con un productor europeo de cebada malteada. El proyecto tiene como objetivo reducir el uso de agua caliente, el consumo de combustible y las emisiones en la instalaci贸n europea del cliente.
Se espera que el proyecto, que se completar谩 en 12 meses, proporcione importantes beneficios ambientales, incluyendo una reducci贸n de una tonelada anual de emisiones de NOx y una disminuci贸n del 50% al 90% de materia particulada y gases 谩cidos (SO2). La empresa ya ha llevado a cabo proyectos exitosos de ahorro energ茅tico con cuatro de las cinco principales cervecer铆as del mundo.
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Thermal Energy International (OTCQB : TMGEF) a obtenu un projet cl茅 en main de r茅cup茅ration de chaleur d'une valeur de 1,4 million de dollars canadiens avec un producteur europ茅en d'orge malt茅e. Ce projet vise 脿 r茅duire la consommation d'eau chaude, la consommation de carburant et les 茅missions dans l'installation europ茅enne du client.
Le projet, dont l'ach猫vement est pr茅vu dans un d茅lai de 12 mois, apportera des b茅n茅fices environnementaux significatifs, notamment une r茅duction d'une tonne des 茅missions annuelles de NOx et une r茅duction de 50 % 脿 90 % des particules et des gaz acides (SO2). L'entreprise a d茅j脿 r茅alis茅 avec succ猫s des projets d'茅conomie d'茅nergie aupr猫s de quatre des cinq plus grandes brasseries mondiales.
Thermal Energy International (OTCQB: TMGEF) hat ein schl眉sselfertiges W盲rmer眉ckgewinnungsprojekt im Wert von 1,4 Millionen CAD mit einem europ盲ischen Malzgerstenproduzenten gesichert. Ziel des Projekts ist es, den Warmwasserverbrauch, den Brennstoffverbrauch und die Emissionen in der europ盲ischen Anlage des Kunden zu reduzieren.
Das Projekt, das voraussichtlich innerhalb von 12 Monaten abgeschlossen sein wird, bringt erhebliche Umweltvorteile, darunter eine Reduzierung der j盲hrlichen NOx-Emissionen um eine Tonne sowie eine Reduzierung von 50 % bis 90 % bei Partikeln und sauren Gasen (SO2). Das Unternehmen hat bereits erfolgreich Energiesparprojekte mit vier der f眉nf weltweit f眉hrenden Brauereien umgesetzt.
- New $1.4 million CAD contract secured with European malted barley producer
- Project completion and revenue recognition expected within 12 months
- Expands presence in brewery industry vertical where company has strong track record
- Significant environmental impact with measurable emissions reduction targets
- None.
Turnkey project will reduce hot water, fuel consumption, and emissions at European site
Ottawa, Ontario--(Newsfile Corp. - July 10, 2025) - Thermal Energy International Inc. (TSXV: TMG) (OTCQB: TMGEF) ("" or the "Company"), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received an order from a European malted barley producer for a
"After completing a successful project development agreement with this new customer, we're pleased to be moving forward with this turnkey heat recovery project to help the customer realize their energy savings and environmental goals," said William Crossland, CEO of Thermal Energy International. "This customer produces high quality malted barley, primarily for European breweries – a market vertical we have had much success with over the years, including delivering energy saving projects across multiple sites at four of the top five breweries in the world. Our proprietary energy efficiency solutions offer malt barley producers, breweries, and bottling operations a clear path to lower energy costs, reduced emissions, and more sustainable production."
In addition to saving energy costs and reducing carbon emissions, this turnkey heat recovery project is expected to deliver a one tonne reduction of annual NOx emissions (through reduced fuel consumption), as well as a
The project is expected to be completed and revenue earned within twelve months.
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ENDS
For media enquiries contact:
Thermal Energy International Inc.
Canada: 613-723-6776
UK: +44 (0)117 917 2179
[email protected]
For investor enquiries:
William Crossland
President and CEO
Thermal Energy International Inc.
613-723-6776
[email protected]
Notes to editors
About Thermal Energy International Inc.
Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. We save our customers money by reducing their fuel use and cutting their carbon emissions. Thermal Energy's proprietary and proven solutions can recover up to
Thermal Energy is a fully accredited professional engineering firm with engineering offices in Ottawa, Canada, Pittsburgh, USA, as well as Bristol, UK, with sales offices in Canada, UK, USA, Germany, Poland, and Italy. By providing a unique mix of proprietary products together with process, energy, and environmental engineering expertise, Thermal Energy can deliver unique, site-specific turnkey and custom engineered solutions with significant financial and environmental benefits for our customers.
Thermal Energy's common shares are traded on the TSX Venture Exchange (TSX-V) under the symbol TMG and on the OTCQB under the symbol TMGEF. For more information, visit our investor website at or company website at and follow us on Twitter at .
Cautionary Statements
This press release contains forward-looking statements relating to, and amongst other things, based on management's expectations, estimates and projections, the anticipated effectiveness of the Company's products and services, the timing of revenues to be received by the Company, the expectation that orders in backlog will become revenue, the anticipated benefits of the Company's current efforts at training and business improvement efforts, opportunities for growth, the Company's belief that it can capitalize on opportunities, the size of markets and opportunities open to the Company. Information as to the amount of heat recovered, energy savings and payback period associated with Thermal Energy International's products are based on the Company's own testing and average customer results to date. Statements relating to the expected installation and revenue recognition for projects, statements about the anticipated effectiveness and lifespan of the Company's products, statements about the expected environmental effects and cost savings associated with the Company's products and statements about the Company's ability to cross-sell its products and sell to more sites are forward-looking statements. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions.
Many factors, some of which are outside of the Company's control, could cause events and results to differ materially from those stated. Fulfilment of orders, installation of product and activation of product could all be delayed for a number of reasons, some of which are outside of the Company's control, which would result in anticipated revenues from such projects being delayed or in the most serious cases eliminated. Actions taken by the Company's customers and factors inherent in the customer's facilities but not anticipated by the Company can have a negative impact on the expected effectiveness and lifespan of the Company's products and on the expected environmental effects and cost savings expected from the Company's products. Any customer's willingness to purchase additional products from the Company and whether orders in the Company's backlog as described above will turn into revenue is dependent on many factors, some of which are outside of the Company's control, including but not limited to the customer's perceived needs and the continuing financial viability of the customer. The Company disclaims any obligation to publicly update or revise any such statements except as required by law. Readers are referred to the risk factors associated with the Company's business as described in the Company's most recent Management's Discussion and Analysis available at .
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FAQ
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