Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • SHARC International Systems Inc. (SHRC) is encouraged by the signs of growth in the Wastewater Energy Exchange industry
  • The New York State Energy Research & Development Authority promotes energy efficiency and the use of renewable energy source
  • SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day
  • SHARC International Systems Inc. (SHRC) is up 5.13 per cent and is trading at C$0.41 at 10:26 am ET

SHARC International Systems (SHRC) is encouraged by the signs of growth for the Wastewater Energy Exchange industry in the State of New York.

The New York State Energy Research & Development Authority promotes energy efficiency and the use of renewable energy sources with a mission to advance clean energy innovation and investments to combat climate change, improving the health, resiliency, and prosperity of New Yorkers and delivering benefits equitably to all.

Through PON 4614 Community Heat Pump Systems, NYSERDA has identified and funded 22 projects entering Phase 1 of the program, of which at minimum 13 include feasibility studies for Wastewater Energy Exchange amongst other carbon-reducing and electrical efficiency measures.

This shows the growing awareness for the power of wastewater and can be viewed as a result of the advocating by SHARC Energy and its CEO and Chairman, Lynn Mueller.

Mueller and the SHARC Energy team have built relationships with and through NYSERDA, presenting on wastewater heat exchange opportunities to potential PON 4614 Community Heat Pump Systems project submitters and other NYSERDA funding opportunities helping New York State communities think of new ideas to help achieve their climate action goals.

“The funding of 13 feasibility studies that include Wastewater Energy Exchange shows the growing acceptance of the power of wastewater,” says Mueller.

“This is the latest amongst a list of signs that the industry is growing and is a strong indicator of what is to come from a world-class state like New York and the attention it garners. I am proud of our team working hard to spread the word about SHARC Energy and Wastewater Energy Exchange,” concluded Mueller.

SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings.

SHARC International Systems Inc. (SHRC) is up 5.13 per cent and is trading at C$0.41 at 10:26 am ET.

More From The Market Herald

" Tethys Petroleum (TSXV:TPL) subsidiary approved for pilot production program

Tethys Petroleum Ltd. (TPL) subsidiary Kul-Bas LLP has obtained approvals to operate under the pilot license program at its Kul-Bas field in Kazakhstan.

" International Frontier Resources (TWSV:IRF) extends LOI with private oil and gas company

International Frontier Resources (IRF) has signed an extension to a non-binding LOI with a private oil and gas company.

" Wilton Resources (TSXV:WIL) announces private placement

Wilton Resources (WIL) has announced plans for a private placement for gross proceeds of a minimum of $252,000.

" InPlay Oil Corp. (TSX:IPO) completes $11.5 million bought deal financing

InPlay Oil Corp (IPO) has closed its bought deal public offering for gross proceeds of approximately $11.5 million.