New Jersey CHP deal for American DG Energy

American DG Energy Inc. has reached an agreement to supply clean energy to Governor Paterson Towers, a 225 unit, 30 story, residential high-rise, located in  New Jersey, US.

Under the terms of the agreement, Governor Paterson will receive a significant portion of its energy from a 75 kW combined heat and power system, which will be owned and operated by American DG Energy.  Governor Paterson will receive a discount on the energy produced by the CHP system and reduce its greenhouse gas emissions.  The value of the agreement to the Company is $1.9 million over the fifteen-year term.

The CHP system is expected to reduce the residential property’s emissions by 252 tons of carbon dioxide annually, the equivalent of removing the carbon emissions of 42 cars each year.

For more on-site power news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...