Source: SHARC International Systems Inc.
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  • Sharc International (SHRC) announced that it has signed a supply and maintenance agreement with the City of Vancouver
  • The agreement is for the provision and maintenance of five SHARC Systems for the False Creek NEU
  • The expansion will increase the capacity of the current 3.2MW of wastewater energy transfer (WET) system to 9.8MW
  • Sharc International provides wastewater heat exchange expertise and products that reduce carbon footprint and saves on energy costs
  • Sharc International Systems Inc. (SHRC) is up 1.79 per cent, trading at C$0.285 per share at 1:16 pm ET

Sharc International (SHRC) announced that it has signed a supply and maintenance agreement with the City of Vancouver.

The agreement is for the provision and maintenance of five SHARC Systems for the
False Creek Neighbourhood Energy Utility Expansion. The expansion will increase the capacity of the current 3.2MW of wastewater energy transfer (WET) system to 9.8MW. This makes it the largest WET project in North America, with an additional carbon emission reduction of an estimated 4,400 tonnes a year, upon completion in 2023.

Under the agreement, SHARC Energy will supply and commission five SHARC systems to perform sewage screening for the False Creek NEU. It will subsequently maintain these systems for five years, with a City option for another five years. These systems will pair with the current 3.2MW sewage-to-water heat pump in operation, plus two new 3.3MW heat pumps.

The False Creek NEU began operation in 2010. It has rapidly expanded to serve over 600,000 square metres of residential, commercial and institutional space, including Science World and Emily Carr University. 

Sharc International provides wastewater heat exchange expertise and products that reduce carbon footprint and saves on energy costs.

Sharc International Systems Inc. (SHRC) is up 1.79 per cent, trading at C$0.285 per share at 1:16 pm ET.


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