Greenvironment prepares feasibility study for largest carpet factory in Poland
(firmenpresse) - -Microturbine solution ideally suited for this project
-Feasibility study as base for 3 MW+ order in the current calendar year
-Very high probability of success after first pre-calculation
Berlin, 22nd March 2012 - GGC Energy s.r.o., a 50% subsidiary of listed Greenvironment Plc (WKN: A1JLT1 / Symbol: GIV1), received an order to prepare a feasibility study for Agnella Carpet Factory S.A., Bialystok (Poland), regarding the renewal of the existing energy solution of the production process with a modern and efficient trigeneration solution based on microturbines while providing process steam at the same time.
The technical parameters of the project are as follows:
- The system requires saturated steam for processes with certain parameters (6.5 atm pressure / 7.5 bar absolute / temperature of about 167 degrees Celsius).
- Average energy demand is about 1.8 MW, i.e. approximately 3 tons of steam per hour with the above parameters.
- There is an additional power requirement of about 1.6 MW for air cooling in the summer.
- The production processes have large peaks, which are covered with a temporary reduction of the steam for the air conditioning.
- Chilled water for cooling of the spinning and weaving department will be generated with the aid of steam generators in the absorption chiller.
- Total energy demand in the summer is estimated to be 3.4 MW (about 5.5 tons of steam/hour with the above parameters).
- Excess energy production will be fed into the grid.
Greenvironment experts will now prepare a feasibility study including a cost and technology proposal for a fixed fee. It is anticipated that the technology solution will comprise of at least three C1000 microturbines to cover the energy needs and potentially another C1000 microtubine as an extension or redundancy. The feasibility study will be completed in the second quarter of 2012. A positive outcome will trigger an order for realization of the project later this year.
Agnella Carpet Factory S.A. (www.agnella.pl/en) is the biggest producer of rugs and carpets in Poland. It produces about two million square meters of carpet products a year, which represents over 65 percent of the whole Polish production. Agnella offers both carpets made of natural raw material like wool, and carpets made of synthetic fabrics. The high quality of its products is confirmed by a number of certificates and quality marks.
Agnella is exporting over 50 percent of its production, mainly to the UK, the USA, the European Union, Eastern European countries and to the Middle East. It provides carpets for facilities all over the world, for example well-known hotel chains, like Starwood and Marriott, and numerous office buildings and casinos in Las Vegas, among others.
“Gas engines notoriously perform poorly in the industrial CHP market. Microturbines, instead, can unload their full potential precisely in this market segment. This project will be a good example of the real competitive advantage of microturbines for industrial applications. Greenvironment is positioning itself as a solution provider for this huge market of industrial cogeneration applications. Agnella is a great example of many new leads that will follow in the next months. This market has been widely neglected as far as cogeneration goes. We will change this“, stated Matti Malkamäki, CEO of Greenvironment.
About Greenvironment
Greenvironment is a European company active in the decentralized energy generation market which plans, builds and operates cogeneration heat and power plants (CHP). The company offers CHP plants in a power range of 30 kWel to 4 MWel and is a market leader in the use of innovative microturbine technology in electricity generation from biogas and natural gas. Greenvironment is an important distribution and technology partner of Capstone Turbine Corp. (Nasdaq: CPST), the world-market leader in the production of microturbines.
Microturbines benefit from high availability, low maintenance requirements, low emissions, favourable EEG and KWKG bonus compensation and flexible heat utilization. All Greenvironment CHP plants are operated by a highly efficient centralized process management system at the operations centre in Berlin. See also the new CEO Blog in the investor relations sections of our website www.greenvironment.com.
For further information:
Michael Gawenda
CFO Greenvironment Plc
Tel.:+49 (0)30 311 6712 30
Fax:+49 (0)30 311 6712 59
E-Mail: IR(at)greenvironment.com
LEGAL DISCLAIMER
This publication serves information purposes only and constitutes neither an offer to sell nor a solicitation to buy any securities of Greenvironment Plc. This press release contains forward-looking statements based on the beliefs of Greenvironment management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Greenvironment as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Greenvironment disclaims any intention or obligation to update these forward-looking statements.
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Datum: 22.03.2012 - 07:42 Uhr
Sprache: Deutsch
News-ID 127334
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