Brooklyn senior care residences get $1.9m on-site power facility

The Brooklyn-based Prospect Park Residence is benefiting from the installation of a 100 Kw combined heat and power system, provided by American DG Energy (NYSE MKT: ADGE).

The on-site power utility, is now operating the) system with convenience back-up power at the residences, which facilitate senior care living in the New York borough.

Brooklyn-based Prospect Park Residence

The revenue value of the agreement is $1.9m over the fifteen-year term.

American DG Energy owns, operates and maintains the CHP system which is now producing space heat and domestic hot water at a discounted rate over that supplied by local utilities. The CHP system also has the unique ability to provide convenience back-up power at no additional cost to Prospect Park Residences.

Prospect Park Residences will reduce their carbon emissions by approximately 423 tonnes per year, or the equivalent of CO2 emissions removed by eliminating 88 vehicles per year from the roadways from the utilization of the CHP system.

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...