[August 23, 2016]

Aegis Energy Services Announces Strategic Alliance with Yanmar, Expanding Domestic Availability of Combined Heat and Power Systems

Aegis Energy Services, Inc., the industry leading provider of cogeneration technology, today announced a strategic alliance with Yanmar, a 100-year-old Japanese diesel and natural gas engine manufacturer and cogeneration provider. The Aegis and Yanmar relationship will broaden the reach of Combined Heat and Power (CHP) systems by offering a wider product line to serve facilities of all sizes - from hotels, hospitals and residential buildings with large footprints to smaller facilities, including nursing homes and assisted living facilities, apartment complexes, boutique hotels, restaurants and more.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160823005374/en/

Yanmar Combined Heat and Power (Photo: Business Wire)

"For more than 30 years, Aegis has designed, manufactured, and installed Combined Heat and Power systems equipped with world-class remote monitoring and service across the Northeast and Mid-Atlantic," said President of Aegis Energy Services, Lee Vardakas. "The alliance with Yanmar not only increases our CHP product offerings, but our geographic reach. Together, we can provide modular systems for facilities of any size to generate sustainable, clean power options that reduce energy costs and emissions on a wider scale."

According to the United States Energy Department, CHP captures nergy that would normally be lost in power generation and uses it to provide heating and cooling, making CHP 75-80 percent efficient. While most central power plants create steam as a byproduct that is then expelled as wasted heat, a CHP system captures the thermal energy that would normally be lost in power generation and uses it to provide on-site heating and cooling to factories, multi-residential housing and hospitality facilities, breweries, athletic facilities and other applications requiring thermal load. In 2012, legislation was enacted which set a national goal for increasing CHP capacity.

"CHP systems make energy infrastructure more resilient," said Business Unit Manager for Yanmar America, Arne Irwin. "They enable a facility to continue operating when an electrical grid is down. Not to be confused with a generator, CHP systems provide continuous heat and power for infrastructure and provide peace-of-mind that power, heating and cooling are available around-the-clock. For facilities like hospitals and assisted living facilities, it's the most responsible choice. For hospitality, education, correctional and industrial facilities, for example, it's the cost-savings that make the difference. Regardless of application, the features of CHP systems benefit virtually every industry and vertical."

While CHP technology is not new - having been invented more than 100 years ago in the U.S. by Thomas Edison to power the world's first commercial power plant in New York City - it's renaissance is fueled by the "green" or sustainability movement for the built environment.

"CHP systems offer a significant cost savings," said Vardakas, "which is the ultimate selling point. However, this technology's environmental benefits take savings a step further by qualifying for many state and federal financial incentives, which will bring CHP to the mainstream market."

About Aegis Energy Services, Inc.
Founded in 1985, Aegis Energy Services, Inc. is an innovative Combined Heat and Power (CHP) company based in Holyoke, Mass. Aegis Energy Services' modular systems are currently utilized across the Northeast and Mid-Atlantic providing sustainable, clean power for a wide array of customers. As a full-service CHP developer under the direction of Lee Vardakas, the company has developed a True Vertical Integration (TVI) approach to modular CHP projects, including a staff of dedicated professionals that are responsible for the complete integration of a CHP system within a client's facility. Recognized by the Environmental Protection Agency (EPA) as a valuable resource for emissions reductions (2014), Aegis is redefining the energy profile of the built environment by delivering cost and environmental savings. Learn more about the complete line of CHP products and services at aegisenergyservices.com.

About Yanmar
With beginnings in Osaka, Japan in 1912, Yanmar was the first ever to succeed in making a compact diesel engine of a practical size in 1933. Moving on, with industrial diesel engines as the cornerstone of the enterprise, Yanmar has continued to expand its product range, services, and expertise to deliver total solutions as an industrial equipment manufacturer. As a provider of small and large-size engines, agricultural machines and facilities, construction equipment, energy systems, marine, machine tools, and components - Yanmar's global business operations span seven domains. On land, out at sea, and in the midst of the city, Yanmar's Mission of "providing sustainable solutions focused on the challenges customers face, in food production and harnessing power, thereby enriching people's lives for all our tomorrows," stands testament to Yanmar's determination in providing us with "a sustainable future." For more information, visit Yanmar Co., Ltd. at its worldwide website at yanmar.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160823005374/en/

[ Back To TMCnet.com's Homepage ]