Record Custom Equipment orders and revenue, and record Turn-key Project development indicate strong, growing demand from customers. Annual results reflect residual pandemic impact on the longer sales cycle Turn-key Project orders.
OTTAWA, ONTARIO – September 28, 2022 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world’s largest corporations, has announced its financial results for the year ended May 31, 2022. All figures are in Canadian dollars. More than $1.5 million received in the last few weeks alone
OTTAWA, ONTARIO – September 20, 2022 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has received over $1.5 million GEM™ steam trap orders in the last few weeks. For the first three and half months of the fiscal year, GEM™ orders are more than double the amount received during the same period last year. All figures are shown in CAD. Marking Milestone in Acquisition Integration Strategy
OTTAWA, ONTARIO – September 13, 2022 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has been commissioned by a leading textile manufacturer to deliver its proprietary RBT® wastewater heat recovery system to drive further energy efficiency and carbon reductions for the customer. All figures are shown in CAD. OTTAWA, ONTARIO – September 7, 2022 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), a provider of innovative energy efficiency and carbon emission reduction solutions to major corporations around the world, has been commissioned by a leading meat producer to deliver a new innovative turn-key energy efficiency and carbon emission reduction solution (figures shown in CAD).
Food and beverage manufacturers continue to shape their businesses around energy and carbon reduction targets, engaging their entire value chains and SBTi for science-based emission reduction targets.
The U.S. Senate has approved a $700bn economic package that includes major legislation on climate action.
Thermal Energy has collaborated with some of its primary Food & Beverage sector clients to form the Thermal Energy Carbon Consortium - a group of progress-oriented, non-competing senior sustainability professionals with aggressive carbon reduction goals.
OTTAWA, ONTARIO – July 5, 2022 –– It is with deep sadness that Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), announces the death of our colleague and dear friend, John Kelly, who passed away peacefully in his sleep on June 28, 2022 at Saint Vincent Hospital in Ottawa.
BREA, CA – June 28, 2022 – Curtiss-Wright’s Nuclear Division today announced that it has signed an exclusive teaming agreement with Thermal Energy International, Inc. (TEI) to bring GEM™ steam traps to the North American nuclear power market and Department of Energy.
Quarterly results reflect continued pandemic impact. But record Custom Equipment orders and revenue and record Turn-key Project development indicate strong, growing demand from customers.
OTTAWA, ONTARIO – April 29, 2022 – Thermal Energy International Inc. (“Thermal Energy” or the “Company”) (TSX-V: TMG, OTCQB: TMGEF), an innovative cleantech company and global provider of proprietary energy and carbon emissions reduction solutions to some of the world’s largest corporations, has announced its financial results for the third quarter ended February 28, 2022. All figures are in Canadian dollars. |
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January 2023
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