Thermal Energy Wins Major Heat Recovery Contract

Thermal Energy International (TSE:TMG) has released an update.

Thermal Energy International has secured a $1.5 million contract from a global confectionery company to implement a heat recovery project in Canada. This project aims to significantly reduce the site’s natural gas consumption and CO2 emissions by 16%, aligning with the customer’s 2030 carbon reduction targets. The project is expected to be completed within 12 months, marking a new customer acquisition for Thermal Energy.

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