Nitro-Turbodyne Announces New Partnership With GSM Energy Solutions
Agreement To Provide Maintenance-Free, 100% Renewable Power Generators To Canadian Oil Fields
Calgary, AB Alberta /PRNewswire-iReach/ - Venice and Camarillo, California based clean energy startup Nitro-Turbodyne, Inc. announced that it has signed an agreement with GSM Energy Solutions of Calgary, Alberta, Canada to distribute next generation power generators throughout Canada and the Bakken Oil Fields in the northern portions of the United States. Nitro-Turbodyne will supply an initial order to GSM of 150 units for remote instrumentation power generation, labeled the RIPGU. Leveraging new technology to produce power leveraging renewable Liquid Nitrogen (LN2), each unit provides maintenance-free electrical power for Supervisory Control and Data Acquisition (SCADA) and telemetry systems for natural gas and oil wells.
"These units are a significant advance in remote power generation with extremely long reliability and zero carbon emissions," stated Miles Molstad , Director for Calgary-based GSM Energy Solutions, "These products provide significant cost savings and solve multiple issues for remote oil field power generation."
The contract, valued at more than $1m over 2 years, is the first Canadian contract received by Nitro-Turbodyne for its revolutionary turbine-powered electrical generator. The unit leverages patented, award-winning Micro Flash-Expansion Turbine (MFET) technology to produce clean, renewable and maintenance-free power in any environment and any weather.
"We successfully demonstrated the RIPGU to over 80 companies at the Global Petroleum Show in Calgary this past June," stated Ed De Reyes , the Chief Technology Officer for Nitro-Turbodyne. "We are very pleased to be working with GSM to introduce our units to the Canadian oil industry. GSM Energy Solutions is the perfect partner to provide this technology throughout the region."
De Reyes went on to explain that that gas and oil well operators were searching for alternatives to solar and wind power production - especially in harsh Arctic environments - where the extremes of weather prevent the widespread use of those technologies. Several well operators had turned to thermoelectric generators ("TEGs"); however because TEGs use combustible gas and flames to produce electricity, and due to their fuel source they tended to be unreliable and dangerous should a gas well develop a leak.
The RIPGU's are designed to solve several problems for oil well operators including reliability, costs and safety. With only 1 moving part the units are designed to run continuously for up to 20 years without the need for maintenance. Additionally, the units work without combustion, providing greater safety for uses near oil and gas production facilities.
Since December, Nitro-Turbodyne has booked over $2 million in total orders for the years 2013 and 2014.
SOURCE: Nitro-Turbodyne, Inc.Copyright 2013 PR Newswire. All Rights Reserved