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WKN: A2PZ5A | ISIN: US92537N1081 | Ticker-Symbol: 49V
Tradegate
03.03.25
21:58 Uhr
81,67 Euro
-10,06
-10,97 %
Branche
IT-Dienstleistungen
Aktienmarkt
Sonstige
1-Jahres-Chart
VERTIV HOLDINGS CO Chart 1 Jahr
5-Tage-Chart
VERTIV HOLDINGS CO 5-Tage-Chart
RealtimeGeldBriefZeit
81,4581,7903.03.
81,4281,9203.03.
ACCESS Newswire
205 Leser
Artikel bewerten:
(1)

Tecogen, Inc.: Vertiv and Tecogen Forge Global Partnership to Enhance Cooling Solutions for Power-Constrained Data Centers

Finanznachrichten News

BILLERICA, MA / ACCESS Newswire / March 3, 2025 / Tecogen Inc. (OTCQX:TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce a collaboration with Vertiv, a global provider of critical digital infrastructure and continuity solutions. This collaboration enables Vertiv to offer Tecogen's advanced natural gas-powered chiller technology to data centers worldwide, addressing power constraints and facilitating the deployment of AI at scale.

Artificial Intelligence is driving massive power shortages and cooling system upgrades in data centers. Tecogen's technology has been proven over 40 years in demanding 24/7 applications such as healthcare and process cooling. Vertiv has trusted relationships with data centers worldwide and expertise in mission critical systems within data centers. This global partnership underscores Vertiv and Tecogen's commitment to delivering sustainable, cost-effective, and resilient infrastructure solutions.

"We are excited to partner with Tecogen to bring innovative cooling solutions to our customers", said George Hannah, Sr Director of Chilled Water systems at Vertiv. "Integrating Tecogen's technology into our portfolio allows data center operators to overcome power constraints, optimize energy usage, and confidently expand their AI capabilities."

"This relationship is advantageous for both parties." said Abinand Rangesh, Chief Executive Officer at Tecogen. "For Tecogen, having a world-renowned partner like Vertiv enables us to scale rapidly in the data center market. By combining Vertiv's expertise in end-to-end data center thermal systems with Tecogen's proven natural gas-powered chiller technology, the collaboration offers a compelling value proposition for data centers aiming to enhance performance while managing energy consumption effectively."

About Tecogen
Tecogen Inc. designs, manufactures, installs, and maintains high efficiency and ultra-clean cogeneration products including combined heat and power systems, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational, and industrial applications. The company's cost efficient, reliable, and environmentally friendly products for energy production nearly eliminate criteria pollutants and significantly reduce customers' carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.

About Vertiv
Vertiv brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Forward Looking Statements

This press release contains "forward-looking statements" which may describe strategies, goals, outlooks or other non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "likely" or "may" and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.

In addition to the Risk Factors described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q under "Risk Factors," factors that could cause our actual results to differ materially from past and projected future results include the impact of renewable energy biases on demand for our products, the availability of incentives, rebates and tax benefits relating to our products, changes in the regulatory environment, competing technological developments, and the availability of financing to fund our operations and growth.

Tecogen Media & Investor Relations Contact Information:

Abinand Rangesh, CEO
P: (781) 466-6487
E: Abinand.rangesh@Tecogen.com

SOURCE: Tecogen, Inc.



View the original press release on ACCESS Newswire

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