US EPA Honors American DG Energy with 2009 Carbon Reduction Award
WALTHAM, Mass., March 8 /PRNewswire-FirstCall/ — American DG Energy Inc. (NYSE Amex: ADGE) a leading On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to healthcare, hospitality, housing and athletic facilities, was honored for the fourth year in a row by the US Environmental Protection Agency (EPA) Combined Heat and Power (CHP) Partnership for the carbon emissions reductions of the Company’s CHP projects.
“Combined heat and power is an efficient, clean, and reliable approach to generating power and thermal energy from a single fuel source,” said Susan Wickwire, Chief of the Energy Supply and Industry Branch, Environmental Protection Agency. “CHP plays an important role in reducing the environmental impact of power generation. We applaud American DG Energy’s effort because the improvement in efficiency translates to a reduction in total fossil fuel use, reduced emissions of criteria air pollutants and carbon dioxide, the leading greenhouse gas contributor to global climate change.”
American DG Energy, a member of the CHP Partnership, was presented with a certificate by the EPA in recognition of the Company’s contribution to efficient energy production. The 2009 certificate states that the high efficiency of the Company’s CHP projects produced an estimated 16,000 metric tons (65,000 tons) of carbon equivalents less than typical separate heat and power, resulting in annual carbon emissions reductions equivalent to the emissions from 3,333 passenger vehicles. This represents a 78% increase over the Company’s emissions reductions stated in the 2008 certificate, which was 9,000 metric tons (36,400 tons).
As an example, a 75 kW CHP system, operated by American DG Energy, running at 100% capacity could supply offsets up to 371 tons of carbon dioxide gas each year, the equivalent of eliminating the emissions of 61 cars. Over the lifetime of a typical on-site energy agreement a single system could offset up to 5,565 tons of carbon dioxide, the equivalent of eliminating the emissions of 915 cars.
About American DG Energy
American DG Energy supplies low-cost energy to its customers through distributed power generating systems. The Company is committed to providing institutional, commercial and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities — without any capital or start-up costs to the energy user — through its On-Site Utility energy solutions. American DG Energy is headquartered in Waltham, Massachusetts. More information can be found at www.americandg.com.
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company’s website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
SOURCE American DG Energy Inc.