American Power Group (APGI) provides an update on a multi-unit diesel engine conversion performed in 2010 for Penn South, officially known as Mutual Redevelopment Houses, Inc., an affordable cooperative housing community located in the Chelsea neighborhood of Manhattan. The complex encompasses 2,820 units housing 5,000+ tenants in 15 buildings located in the Chelsea neighborhood of Manhattan in New York City. Penn South operates a co-generation power plant that provides electricity, heat from October through May, and air-cooling during the summer months. In 2010, APG converted several 1.2MW CAT diesel engines to run on our dual fuel solution, providing not only meaningful cost savings but significant well documented emission reduction benefits associated with running cleaner burning natural gas which are very important, especially in urban locations like lower Manhattan.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APGI:
