Tecogen Secures Orders for 12 Cogeneration Systems

Tecogen Inc., based in Billerica, MA, has announced new orders for twelve cogeneration systems targeting multiple buildings across the Northeast. The company, listed under OTCQX:TGEN, specializes in clean energy solutions. These systems, which provide on-site power, heating, and cooling, were procured through strategic partnerships with project developers.

According to CEO Abinand Rangesh, the rise in power prices due to limited electrical capacity is prompting consumers to seek cost-effective, environmentally friendly energy alternatives. The demand for cogeneration technology is growing, as it not only reduces energy expenses but also minimizes greenhouse gas emissions. The company anticipates more project closures by the year's end.