Tecogen To Install GE's Equiptment Insight Solution

Tecogen^® Inc. (NASDAQ:TGEN) has announced that it will be installing GE’s (NYSE:GE) Equipment Insight solution to new equipment as part of a pilot deployment program.
According to the press release:

In addition, it has started to roll out the solution on selective deployments across its existing installed base of combined heat and power (CHP) units. With GE’s technology, Tecogen will be able to collect, analyze and manage valuable asset data continuously and in real time, providing improved insight into the functionality of its CHP units.
In the wake of the recent United Nations climate talks in Paris (COP21), nations around the world are committing to energy saving measures. Cogeneration and CHP technologies are becoming widely discussed topics as the world looks to create more sustainable and reliable power. At its most basic level, CHP units combine on-site power generation with heating and cooling capabilities, creating an energy footprint that is twice as efficient as traditional electric utility-produced power.
Tecogen, with an installed equipment base of over 2,300 CHP units, is implementing GE’s Equipment Insight solution to enhance the performance of its assets by ensuring its machinery consistently operates at peak performance and that runtimes are optimized to deliver value for customers. With more than 68 percent of Tecogen’s customers opting for long-term maintenance agreements, having an advanced, reliable equipment monitoring and diagnostics solution that is continuously operating is essential to ensuring uptime and efficiency.

Click here to read the full press release.