MissionIR's  Instablog

Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
My blog:
MissionIR Blog
  • American DG Energy (ADGE) Announces 100kW CHP System At DoubleTree Tarrytown Hotel 0 comments
    Aug 9, 2012 6:23 PM | about stocks: ADGE

    American DG Energy Inc. has announced it is now operating a combined heat and power system (CHP) at DoubleTree Hotel in Tarrytown, N.Y. The revenue value of this agreement will be $2 million for the company over the 15-year term. American DG Energy is a leading provider of onsite utilitysolutions, offering clean electricity, heat, hot water and cooling solutions for hospitality, healthcare, housing and athletic facilities.

    Owned and operated by America DG Energy, the 100kW CHP system is now producing energy in the form of electricity, space heat and domestic hot water. DoubleTree chose the company's onsite utility solution and will avoid all capital, installation and operating costs - only paying for the energy used.

    CHP systems offer a cleaner energy option with substantial environmental benefits, as comparedwith electricity purchased from the grid. CHP systems capture and utilize heat that would otherwise be wasted from the production of electricity -producing the same amount of energy while requiring less fuel. According to the EPA CHP Partnership emissions calculator, by utilizing a CHP system DoubleTree will reduce its carbon emissions by around 403 tons annually, or the equivalent of planting 75 acres of forest each year.

    Recently honored with the TripAdvisor Certificate of Excellence Award, DoubleTree Tarrytown is an upscale, 247-room, full-service property. The hotel can nowadd"contribution to the quality of the environment"to its list of features, as it is now reducing carbon emissionsby operating an onsite utility.

    American DG Energy provides its customers with low-cost energy through distributed power generating systems. Through its onsite utility energy solutions, the company provides institutional, commercial and small industrial facilities with clean, reliable power, cooling, heat and hot water - without any capital or startup costs to the energy user and at a lower price than charged by local utilities. American DG Energy is headquartered in Waltham, Mass. For more information, visit the company's Web site at www.americandg.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: ADGE
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.