Atlantic Energy Solutions, Inc. (OTC:AESO) is pleased to announce that its guaranteed savings projections for the Fonda-Fultonville School District have been exceeded by over 25%. The Co-Generation project was the first off-grid Co-Generation plant approved by the New York State Education Department and built by an Energy Services Company (ESCO) in New York State. In addition, Atlantic Energy Solutions was able to help provide the school district with a grant of over $500,000 from the New York State Energy Research and Development Authority (NYSERDA). Tim Brock, CEO, of Atlantic Energy Solutions, stated, �As a result of the sharp increase in utility rates over the last several years, businesses have been aggressively searching for new ways to become energy efficiencient. Co-generation plants have emerged as a cost-effective alternative, resulting in thousands of dollars in savings�. Mr. Brock went on to say, �The most gratifying part for my job is to see such huge savings realized for each and every one of our customers.� In the Fonda-Fultonville project, Atlantic Energy Solutions installed four 330KW gas driven generators that produce 100% of the school�s electrical needs. This enables the school to produce 100% its own electricity and frees them from being connected to the local utility electric grid. The heat that is generated from the units is recycled into the facility�s heating and cooling systems, resulting in an additional 55% savings on its total energy budget. The Co-Gen units, manufactured by Cummins Inc. (NYSE:CMI) and the control system, manufactured by Invensys (OB:IVNSY), produce electricity from natural gas while simaltaneously providing heating and cooling for the buildings as well as heating the pool year around, saving the district thousands of dollars annually. In addition, this system continues to operate when local utility power is lost. For example, in the spring of 2007, when this area was flooded and lost power, the school was able to maintain power and acted as an emergency shelter for the affected community. Atlantic Energy Solutions is also working in collaboration with Evolution Solar Corp. (PK:EVSO) on a Phase II project for the school that will provide a unique solar system to integrate with the Co-Generation system. Bob Kaapke of Evolution Solar, said �we are looking forward with great expectations to working with Atlantic Energy Solutions on this and many more joint ventures with Atlantic Energy Solutions in the years to come.� About Atlantic Energy Solutions Inc. Atlantic Energy, founded in 1992, is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster savings at the consumer level. This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Atlantic Energy Solutions (PK) (USOTC:AESO)
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Atlantic Energy Solutions (PK) (USOTC:AESO)
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De Ene 2024 a Ene 2025 Haga Click aquí para más Gráficas Atlantic Energy Solutions (PK).