Tuesday, November 3, 2015

Tecogen, Inc.: Promoting Cleaner and Affordable Energy

Waltham, Massachusetts-based Tecogen, Inc. is engaged in the designing, development, manufacturing and marketing of various machineries and systems that are used in buildings, commercial installations and industrial processes. The company was incorporated in September 2000 and is now publicly traded on the NASDAQ Capital Market using the ticker symbol TGEN.
The products offered by the company are capable of producing hot water, electricity and air conditioning. It creates products that aim to reduce energy consumption, address congestion on the national power grid and mitigate greenhouse gas emissions. These products are broadly termed as Combined Heat and Power (CHP) systems. There are three classifications of these systems, namely chillers, cogeneration modules and water heaters. These offerings are created with standardized models and the team of designers in the company, as much as possible prevents the customizing of their designs to ensure that they can simplify field installation, avoid high pricing of their offerings and to apply their products in a wide variety of customer facilities.

For over 25 years, Tecogen, Inc. has been helping their end users address environmental concerns, social responsibility, policy initiatives and economic viability. Their products and services have increased the reliability of on-site cogeneration systems with integral heat recovery. These offerings promote clean and affordable energy for consumers. There are more than 2,000 units that have been distributed and installed by the company. Tecogen, Inc. provides maintenance and support services for these machineries. They have multiple service centers across the Midwest, the Northeast and in California and offers their services even beyond the date of the sale of their equipment.

Tecogen, Inc. is listed as one of the components  of the Wilshire 5000 Index. It operates manufacturing facilities in New York, Massachusetts, New Jersey, California, Connecticut and in Michigan. The offerings of the business competes against the products of Trane, York and Altudyne.

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