International Wastewater Systems closes $725,100 last financing tranche
International Wastewater Systems closes $725,100 last financing tranche
Momentum Public Relations
Press Release: April 07, 2017
International Wastewater Systems Inc., further to its news release dated Feb. 27, 2017, has closed the final tranche of the company’s brokered private placement, led by Haywood Securities Inc. as agent.
Under the final tranche of the brokered placement, the company has issued 2,417,000 units at a price of 30 cents per unit for gross proceeds of $725,100. Each unit consists of one common share and one common share purchase warrant of the company. Each warrant entitles the holder to purchase one share until Feb. 27, 2019, at an exercise price of 40 cents per share.
The company has paid cash commissions in the amount of $31,282.50 from the sale of units under the final tranche of the brokered placement. The company has also issued to the agent and members of the selling group an aggregate of 104,275 non-transferable warrants. Each agent’s warrant entitles the holder to purchase one share at a price of 30 cents until Feb. 27, 2019.
As previously announced on Jan. 19, 2017, the company amended the terms of the company’s non-brokered private placement completed on Dec. 23, 2016, to offer each participant in the non-brokered placement one warrant for each share purchased in the non-brokered placement on the same terms as the brokered placement. Accordingly, the company has issued a total of 2,275,333 warrants to purchasers from the non-brokered placement.
In total, the company raised aggregate gross proceeds of $2,205,655 pursuant to the non-brokered placement and the brokered placement.
All securities distributed pursuant to the brokered placement and non-brokered placement are subject to a statutory hold period of four months and a day from the date of issuance.
About International Wastewater Systems Inc.
International Wastewater Systems is a world leader in thermal heat recovery. International Wastewater’s systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Bio technology, Energy, Green Technology, International Wastewater Systems, News Home, Technology
From Grey Water to Green Energy
From Grey Water to Green Energy
On average, 10,000 people in the developed world will generate 1,000,000 gallons of warm waste water per day. That is a lot of warm water. It is typically sent to water treatment plants or discharged into lakes, rivers and oceans. Does this seem reasonable? Or does it sound like an opportunity for improvement?
International Wastewater Systems Ltd. (CNSX:IWS) CEO Lynn Mueller likes to suggest jokingly that people are hesitant to shake his hand when they learn that he is in the sewage business. Nonetheless, when they discover that he can help them save money by recovering energy from waste water that is headed down the drain and transform it into green energy they often change their minds and shake hands with enthusiasm.
The underlying principle is so simple that anyone can grasp it. It takes a lot less energy to heat warm water than it does to heat cold water. When waste water from sinks, showers, toilets or laundry leaves a building, it is usually slightly below the ambient room temperature. In a large production plant, the temperature of the water can be even higher. Ultimately, if the energy from effluent can be captured and reused, then the cost of supplying energy to homes, hospitals, sports complexes, university campuses or large scale plants can be significantly reduced.
A great deal of the green energy movement has focused on reducing consumption. This a noble endeavour that will likely continue. Reduced usage and more efficient usage of energy are always desirable, but conservation alone isn’t a complete answer because, as an economy grows, there will continue to be a need for additional quantities of energy.
That’s why most of the emphasis in the search for a different approach to energy has been directed towards finding clean, alternate sources of energy generation. Up to this point in time, the search for better and greener energy sources has been fraught with problems. Either the cost was prohibitive or the technology suboptimal. In some cases, alternative energy generation like windmills and solar power generation have encountered ancillary environmental issues. Sure, they may not pollute in the classic sense, but not many people want large wind-farms or thousands of solar panels in their backyards.
Mr. Mueller, the founder of IWS, took an entirely different approach to the problem. In essence, assessed the typical assumptions related to the costs and benefits of “greener” energy by framing the challenge in a different way and applying an atypical thought process. Rather than trying to find a unique solution at the input phase, why not consider how to make use of existing heat that might be available, but was being overlooked? An evaluation of the entire cycle of energy usage led directly to considering energy recapture alternatives for the warm water in most sewage discharge. Conventional wisdom was that it would be too costly and too messy to process effluent in an efficient way.
Lynn Mueller’s ingenious solution was to use existing technology, coupled with a proprietary filtration process, to separate waste from grey water and extract the heat from it so that the energy could be recycled. The company, International Wastewater Systems http://www.sewageheatrecovery.com, has successfully developed, commercialized and installed the technology. The products called “Sharc” and “Piranha” are being recognized all over the world.
The company has become a success rather rapidly. Mr. Mueller commented; “We quickly went from being a local, small company to a worldwide operation. We’ve seen markets around the world demanding the product”. Mueller has also disclosed that the firm has over $80 million worth of projects in the works.
Recently, the company was recognized with the AHR Expo 2016 award for innovation. Even CNN deemed the company newsworthy and published coverage of IWS on the network’s financial channel at CNNMoney.com on May 24.
The technology has been proven to be cost-effective and easy to install and maintain. The upfront investment varies depending on the size of the installation. Frequently, grants are available in local jurisdictions to cover capital costs. For example, the $1.1 million system installed at Camden County Municipal Utilities Authority in New Jersey benefited from a clean energy grant that covered more than 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the cost.
More importantly, the return on investment is easy to calculate. Andy Kricun, the executive director of the Camden County Municipal Utilities Authority, said they’ll recoup their investment in two years. The IWS Sharc technology has a lifespan of approximately 40 years, which means the savings to this utility could ultimately be as much as $2 million.
- Published in Blog, Energy, Green Technology, International Wastewater Systems
IWS Interview on Bloomberg TV
IWS Interview on Bloomberg TV
– Momentum Public Relations –
Press Release: December 2, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(CSE:IWS.CN)(CNSX:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce that IWS Founder and CEO Mr. Lynn Mueller will be interviewed on Bloomberg TV Canada (“Bloomberg”) on December 6th, 2016.
The interview with Mr. Mueller will be featured on the Bloomberg North show, for a special edition of the program focusing on innovative clean technology companies that are reshaping the way we live our lives. The show is hosted by Bloomberg contributor Anthony Lacavera who is the founder of Globalive Capital and a regular Bloomberg commentator on innovation, technology and investing.
The interview will focus on IWS’s innovative sewage heat recovery systems and the Company’s rapid growth from a Canadian-based business to a world leader with operations and clients across the globe.
The show will air on Bloomberg TV Canada at 6.00pm EST on Tuesday December 6th, 2016. Bloomberg TV Canada reaches nearly 7 million Canadian households, and through its partners can reach up to 350 million+ households and businesses worldwide.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. IWS is publicly traded in Canada (CSE:IWS), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
- Published in Blog, Green Technology, International Wastewater Systems, News Home, Technology
More Exciting News from International Wastewater Systems!
More Exciting News from International Wastewater Systems!
– Momentum Public Relations –
“The future belongs to countries and businesses that become leaders of clean technologies, innovation, and sustainability. Canada is building the partnerships and making the investments necessary to take advantage of the growing opportunities in these markets,”
– Honourable Justin Trudeau, Prime Minister of Canada.
International Wastewater Systems (IWS:CSE) is leading the way in the area of reusing energy and lowering Co2 emissions with its proprietary technology that recaptures heat in waste water. The technology is so versatile that virtually any facility could make use of it. And, the exciting news is, the IWS solution is accessible, cost-effective, renewable and fully commercialized. It is an outstanding concept that is available today – not at some undefined point in the future.
The IWS team will exhibit and speak at this year’s GLOBE Conference & Innovation Expo March 2-4, 2016 in Vancouver, BC. IWS CEO, Lynn Mueller, will be present at the conference on Friday, March 4th at 10:20 AM.
The impressive list of speakers at the conference includes a “who’s who” of government federal, provincial and municipal politicians, business leaders from a variety of sectors and subject matter experts from industry and academia. It is quite significant that the Right Honourable Justin Trudeau, Prime Minister of Canada, will be delivering the conference’s keynote address.
Globe is North America’s largest and longest-running conference and exposition series dedicated to business innovation for the planet. It features opportunities to share ideas about world-leading sustainability and provides a forum for relationship building to fuel business development. Every two years, leaders attend the conference to devise winning strategies to conserve resources, ignite innovation, and develop ideas and partnerships that help them be more resilient, more efficient, and reduce risk.
The efforts of International Wastewater Systems are being recognized around the world. The company was honored in January 2016 when The Piranha was selected as the product of the year at the 2016 AHR Innovation Awards in the Green Building Category. The award was judged by a panel of third-party judges from ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) who evaluated all award entries based on innovative design, creativity, application value and market impact.
For more information on International Wastewater Systems, please click on the link to view the short video presentation:
There is an unparalleled international consensus of the need for strategies to reduce the carbon footprint in developed and developing nations. We all agree that the future of the planet is at stake. IWS has developed technology that addresses a hidden source of lost energy and turns it into a way to reduce the use of fossil fuels for heating and cooling. In many of our homes and buildings, large quantities of heat in water from showers and cleaning is discarded. Typically, water enters a building at 7-9 degrees Celsius and leaves, into the sewer system, at 20-25 degrees Celsius. The energy from this water is discarded as it dissipates.
The IWS solution captures the wastewater at its point of exit and removes solids. It then extracts the heat from the waste water in a closed system allowing the energy to be recycled. When captured, this energy is transferred to clean water with no risk of cross-contamination and then the energy is reused to heat or cool the building.
Capturing wasted heat is more cost efficient than installing new methods of energy generation. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy.
The future of our planet may depend upon the extent to which countries and large stakeholders collaborate in the effort to reduce Co2 emissions. Prime Ministers and business leaders are using a forum like the Globe conference to move the agenda forward in meaningful ways. The investment community is responding to this global opportunity. IWS provides savvy investors with proven, fully operational technologies that are becoming drivers of the emerging economy.
- Published in Blog, Green Technology, Technology
The Canadian Wastewater Alchemist: Turning Sewage into Gold
The Canadian Wastewater Alchemist: Turning Sewage into a Golden Opportunity
Momentum Public Relations
Approximately two-thirds of the greenhouse emissions being generated annually stem from consumption and energy production. As such, the goal is to accelerate the development of eco-friendly technologies that will decarbonize energy consumption and production in order to fight climate change. Here’s another staggering statistic: Experts estimate that Americans flush down about 350 billion kilo-watt hours worth of energy into the sewer systems every year. Moreover, all of that energy, if harmonized, would be sufficient to provide power for over 30 million American homes annually. Who would have thought that all the seemingly worthless and dirty laundry and dishwater, not to mention shower drain water, could be the quintessential catalyst required to galvanize the world’s energy recovery and efficiency initiatives?
In addition, Canadian Prime Minister Justin Trudeau recently announced that the Southern Ontario Water Consortium would receive 12 million dollars in order to research and develop new innovative water based technologies that will help provide clean water for Canadians and the world at large. Prime Minster Trudeau also recently attended the World Economic Forum Annual Meeting, which was held in Davos-Klosters, Switerland from January 20th to the 23rd, and gave a passionate and ingenuous speech on Canada’s role in developing new technologies that can help impact the lives of the disenfranchised. You can watch the full speech, as well as his one-on-one interview with Dr. Fareed Zakaria here.
As can be seen, the need for clean, renewable energy and water are at an all time high. With over 7 billion people on the planet that need convenient access to clean water for drinking, hygiene, and for heating purposes, the demand for a renewable, clean source of water has never been higher. Fortunately, one company has answered that need with gumption. The innovative minds that founded International Wastewater Systems (IWS: CSE) (IWI: FSE) specialize in turning sewage into a clean, renewable energy source for the masses. What’s more, the company was founded by a group of engineering and technical connoisseurs with over a century of combined experience in the geo-exchange, ventilation, and heating industries.
Specializing in wastewater heat recovery, International Wastewater Systems is strongly committed towards manufacturing premium grade products that are eco-friendly and will reduce the costs incurred by cooling and heating homes around the world. For instance, their proprietary and cutting edge “Sewage SHARC” has the ability to cool and heat commercial buildings and multiplex apartment units, as well as generate domestic hot water. The eco-friendly enterprise also extends its services towards large scale geothermal installations, energy districts, and hotel installations. Regardless of the services that they provide, the medium that they use remains a constant; raw sewage. By using a previously untapped renewable resource that is in nearly infinite supply, International Wastewater Systems can provide thermo-mechanical services that are reliable, scalable, cost effective, and energy efficient.
Furthermore, International Wastewater Systems won the Green Building Award at the 2016 AHR Expo Innovation Awards for their leading edge Piranha Wastewater Heat Recovery Heat Pump. The state of the art self-contained heat pump works by extracting thermal energy from wastewater in order to produce domestic hot water that can be used for a myriad of commercial applications. The Piranha can also be used for stand-alone commercial projects and is optimized to work with fifty to two hundred unit residential complexes. Those interested in learning more about their cutting edge wastewater systems can pay a visit to their booth (#2997) at the largest HVAC marketplace in the world, which is taking place in Orlando, Florida from January 25h to January 27th in 2016.
As the world looks to unbridled pioneers to catapult humanity into the stratosphere of global change and growth, International Wastewater Systems looks to be the leader in wastewater management, sustainability, and adaptability. Having made appearances in National Geographic, BBC News, The Global Mail, North American Clean Energy, HPAC Engineering, Water Canada, Clean Energy Pipeline, the Journal of Commerce, and many other reputable publications, it is evident that the world has taken note of the innovative green technologies that International Wastewater Systems has brought to the forefront. To learn more about the company and their newfound technologies please visit > here.
- Published in Blog, International Wastewater Systems
International Wastewater Systems: The Next Disruptor In The Greentech Space
Heat from Wastewater: A Very Green Investment Opportunity
– Momentum Public Relations –
The recent COP21 summit in Paris featured a variety of strong messages from various world leaders related to the need for a reduction of greenhouse gas emissions. There are a variety of nuances in their statements however their overall message can be summed up by the following statement; the status quo is not an option. Every country needs to change its approach to energy and lower Co2 emissions. Canada’s Prime Minister Justin Trudeau’s speech at the summit highlighted his commitment to make Canada a global leader when it comes to reducing carbon emissions. The Liberals provided a very large figure to show its dedication to the cause and have pledged to spend an extra $5.65 billion over the next four years on green infrastructure. The Prime Minister later discussed the importance of implementing some form of carbon pricing at an event held by the World Bank where he explained carbon pricing as “a crucial tool to begin the shift we need towards sustainable economic growth.”
Watch Video: Justin Trudeau tells Paris climate summit Canada ready to do more
Technological advances can contribute to meaningful reductions in energy use and emissions. Many new technologies are complex and have questionable return on investment metrics. Wise investors must evaluate how technological advances can translate into investment opportunities. There are numerous examples of good ideas that don’t translate into good investments. However, it is reasonable to wonder when the time is right to invest in an emerging idea or business. Is there merit in waiting to assess the ultimate commercial viability of a technology before making a significant investment commitment?
Many solutions to today’s energy challenges are simple and right in front of us. Investing in emerging technologies comes with inherent risks however it can be helpful to test any potential investment by using four investment evaluation principles that evaluate the potential of an opportunity. One such opportunity is International Wastewater Systems (IWS:CSE) and their SHARC technology.
Four Investment Evaluation Principles:
1.Is it simple?
2.Is the business model viable?
3.Is the potential large enough?
4.Is it disruptive?
Is it simple?
Investment opportunities need to be understandable. A complicated story around a technology often makes the product or service harder to explain to an investor. If an investor doesn’t understand it a customer won’t either. Consequently, simplicity matters . Sometimes investment in innovation is not about spending millions in research. Often, major investment opportunities are found by discovering companies that are developing innovative ways to use existing technologies.
In almost every home and building large quantities of heat in water is discarded. Typically, water enters buildings at 7-9 degrees Celsius and leaves into the sewer system at 20-25 degrees Celsius. The IWS SHARC solution extracts heat from waste water and captures it in a closed system allowing it to be reused. When captured, this wasted heat is used to meet as much as 50{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of a building’s energy requirements. This allows the warmth from waste water to be captured and transferred to clean water with no risk of cross-contamination. Even though the technology is complex, the solution is simple and the benefit is easily understood.
Is the potential large enough?
Investment in a technology with a narrow base of potential customers is often risky. An emerging technology needs to have a broad potential market in order to grow quickly and produce a reasonable return. Flexible and scalable technologies present more viable commercial opportunities with better ROI.
International Wastewater Systems SHARC solution has proven effective in buildings and installations that are as small as 60,000 square feet and as large as several million square feet. Virtually any building is a potential user of this product. Depending on the scope of the installation, the payback from recycling wasted energy averages 3-5 years making it more attractive than new installations of solar or wind energy. Capturing wasted heat is more cost effective than installing new methods of energy generation. In addition, the technology works in new facilities or may be retrofitted in existing buildings. This means that the market potential is huge. Not surprisingly, the SHARC solution is being deployed in places as diverse as Camden County, New Jersey, Seven35 Condominium complex in Vancouver, Canada and Borders College in the southeast of Scotland.
Is it disruptive?
Investment opportunities in new or emerging technologies usually need to disrupt a market or change an existing paradigm in order for an investor to be motivated to take a position early in the company’s growth cycle. A disruptive technology displaces an established way of doing things. It may also shake up an existing industry or become a component in a completely new industry.
The fundamental concept of a major change to how wasted energy in waste water is captured and reused is highly disruptive.The SHARC system that has been developed by IWS is changing the way that building owners and government stakeholders view energy conservation. Yet it uses well proven technology that is designed to be trouble free with full backup capacity providing for zero down time. Furthermore its flexibility is also a disruptive force. It can be tailored to almost any size facility and functions in either heat exchange or heat pump applications. It even measures its own ROI. A typical installation includes a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings.
Is the business model viable?
Investment opportunities need to consist of much more than a great idea or an incredibly innovative product. They require finely tuned management expertise and a sound business model coupled with a clear value proposition.
Lynn Mueller, President and CEO of International Wastewater Systems, was previously President of Water Furnace and Earth Source Energy, the world’s largest installer of heat pumps. He has assembled an experienced team of people who have significant expertise in the geothermal heat pump and renewable energy industries. IWS created the SHARC system as a response to a clear need for an easy, maintenance-free solution to address the need for energy efficiency. They did it using their expertise in geothermal heat pumps and chillers.
Watch Video: CEO Lynn gives a virtual tour and explains installation that is providing heating and cooling for the 60,000 sq/ft Gateway Theatre building in Richmond, British Columbia.
The company has continued to ramp up its order book in 2015 with significant revenue growth in its pipeline. IWS has also established marketing and distribution channels in 40 US states and in Canada. A recent IWS press release highlights the major upcoming projects: CORPORATE UPDATE
Additionally, it has been supported financially by leading institutional green energy investors. Recently, IWS’s fully owned UK based subsidiary (SHARCenergy.com) secured a £4 million investment from Equitix and the UK Green Investment Bank plc (GIB) to finance the installation of what will be the first major system in a new program that could see sewage heat recovery systems installed across the UK.
Today: (the 8th of December, 2015)
The UK’s Energy Minister, Fergus Ewing will help with the official unveiling and launch of the SHARC system that will provide 95{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of heat needed at the Borders College campus.
Read More: UK’S first heat from sewage scheme to be launched in Galashiels
All are welcome to attend and take one of the scheduled tours, but more notably, some of the World’s largest greentech / renewable energy funds will be attending the inauguration of UK’s first SHARC energy system.
IWS.C has only been available to investors as a publically listed company for a little over a month, which makes this early stage opportunity’s upside potential all the more rewarding. Things can move quickly, the public, through increasing media exposure, is starting to understand the direction and huge potential that IWS represents. Potential clearly highlighted in a recent interview with International Wastewater Systems UK division’s CEO, Russell Burton. Mr.Burton, “founder and chief executive of Leicester-based SHARC Energy Systems said the firm’s turnover would jump from about £3 million to about £60 million in the next three to five years.”
Full Interview with Russell Burton, CEO: Sales Bonanza for Renewables Firm SHARC Energy Systems
Conclusion:
Sewage isn’t as inherently attractive as solar or wind power but the SHARC system represents an accessible, cost-effective renewable energy system that is fully commercialized.
The consensus that is emerging at conferences like the COP21 summit in Paris supports the need for simple, cost effective and easy to implement technologies that will radically change the trajectory of the climate change reality. The future of our planet may depend upon the extent to which countries and stakeholders collaborate in the effort to reduce Co2 emissions. Energy users like municipalities and building owners are increasingly being challenged to efficiently decrease their greenhouse gas emissions. Investors need to pay attention. Challenges like this generate major investment opportunities. Ultimately, a company like IWS provides investors with an opportunity for significant return in a market space that is going to be an important dimension of the emerging economy.
- Published in Blog, International Wastewater Systems
Amana Receives Approval For IWS Acquisition & to Resume Trading at Open
Amana (AMA:CSE) Receives CSE Approval For Acquisition of IWS & to Resume Trading at Open
Amana Copper Ltd.’s proposed acquisition of International Wastewater Systems Inc. has been conditionally approved by the Canadian Securities Exchange, subject to receipt of final documentation.
Additional information concerning the transaction is provided in the company’s news release dated Sept. 9, 2015, and in the company’s CSE listing statement, which has been filed and is available under the company’s SEDAR profile.
The completion of the transaction remains subject to the satisfaction of all conditions of closing, including final approval of the CSE and the approval of Amana’s shareholders. It is expected that the company will obtain shareholder approval of the transaction by way of a shareholder consent resolution.
International Wastewater Systems Inc.
http://www.sewageheatrecovery.com/
International Wastewater Systems is on the leading edge of wastewater heat recovery technology. The following story by Rowan Oloman provides a quick glimpse into the vast potential of their unique approach to renewable energy.
Turning Wastewater Into Energy: Clean Tech’s Best Kept Secret
Every day the average North American household flushes one full tank of hot water down the drain. In a city of 1 million homes, that is equivalent to approximately $500,000 in energy from natural gas casually flowing into our city sewers daily. Running underneath our homes and buildings there is an untapped energy goldmine.
Globally, it has been acknowledged that in regards to climate change mitigation energy efficiency is the lowest hanging fruit. China recently announced they will spend a whopping US$372 billion in energy conservation and the US plans to invest US$155 billion in energy efficiency projects.
Yet by and large North America continues to ignore the single most cost-effective and most profitable form of energy efficiency, which is to recycle the energy that we’re already wasting.
The simple fact is water enters our buildings at 7-9 degrees Celsius and leaves at 20-25 degrees Celsius. If captured, this wasted heat could be used to fulfill 40-50{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of our buildings energy requirements.
Sometimes innovation is not about a quantum shift in thinking or spending millions in research it’s about re-inventing how we use the technologies already available. Lynn Mueller and his colleagues at International Wastewater Heat Exchange, all with long-time careers in the geothermal heat pump and renewable energy industries, saw the opportunity in wastewater heat recovery.
The company created the SHARC system, an innovation which filters raw sewage and extracts the heat in an easy, maintenance-free way using geothermal heat pumps and chillers. While sewage may not be as attractive as solar or wind power, with a 3-5 year payback period, the SHARC system is likely the most cost-effective renewable energy system currently available.
“We’re operating at 600 percent efficiency,” Mueller says. “So every dollar we spend recovering the heat out of the sewer we get $6 worth of heat out.” Mueller is speaking about his latest successful installation at Seven35 Condominiums complex, in Vancouver Canada.
The SHARC system has reduced Seven35’s annual greenhouse gas emissions by 150 tonnes (averages are between 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}-85{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} reduction), is recovering 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the buildings wasted energy and has contributed to earning the condominium the first dual ‘green’ certification in Canada – LEED Platinum and Built Green Gold. It’s also the first time the technology has been used at a residential building in North America.
For residents the equation is simple, now they are recycling the same energy over and over again, instead of paying for the natural gas to re-heat their tanks daily.
Reliable, trouble free operation is the major challenge in recovering heat from waste water. The SHARC system has been designed to be clog-proof with an automatic back flush to filter sewage simply and effectively. It has full backup capacity with zero down time and is available in heat exchange or heat pump applications.
Added benefits of the SHARC system include full automation with a DDC or BACnet interface and a wireless or Ethernet connection for data retrieval and instantaneous calculation of COP and GHG savings. The system comes with a factory maintenance and warranty service and can be incorporated immediately into existing mechanical infrastructure.
Mueller, who was previously President of WaterFurnace and Earth Source Energy – the world’s largest installer of heat pumps, is humble about his company’s innovation. “We are a new company simply revolutionizing old technology,” says Mueller. “We saw a way to provide energy easily, cheaply and in a way that is ecologically sound.”
International Wastewater Heat Exchange has opened marketing and distribution channels across Canada and in forty US States. The applications for the SHARC system are multitudinous, from condominiums, to public facilities like sports and aquatic centers, to industrial complexes and district energy systems.
In a world where municipalities are progressively being held responsible for efficiently decreasing their own greenhouse gas emissions, systems like the SHARC will become more and more attractive. The biggest challenge however will be re-framing the way people view waste.
Despite the widespread use of waste-to-energy (WTE) projects in European countries, where innovative projects are supported because space for waste disposal is scarce, in North America waste to energy projects are in still in their infancy. In Germany the majority of waste is recycled, composted or processed by biological or thermal method which is likely why Mueller has already received calls from German companies interested in the technology.
The Collins English Dictionary describes the saying ‘money down the drain’ as money ‘wasted’. The SHARC system turns this old adage on its head.
Rowan Oloman is a freelance writer living in Vancouver Canada. She has written for various greentech communications over the past 4 years, has an MBA in Sustainable Energy and a Master’s Degree in Natural Resource Management. Rowan is currently working for Radiant Carbon, a unique carbon offset provider.
Amana (AMA:C) Congratulates IWS CEO on Canada Clean50 Award
Lynn Mueller, Founder and CEO of International Wastewater Systems Receives ‘Clean50’ Award
Amana Copper Ltd. (“Amana” or the “Company“) (CSE:AMA) would like to congratulate Mr. Lynn Mueller, Founder and CEO of International Wastewater Systems (“IWS”) on being recognized with a Canada Clean50 award (“Clean50”).
Canada’s Clean50 is an annual award offering recognition to Canada’s leaders in sustainability for their contributions over the prior two years. The Clean50 are selected from 16 diverse categories that transcend numerous industries, academia, different levels of government, thought leaders and advocates, and are based on accomplishments delivered over the prior two years.
Mr. Mueller was one of two recipients in the ‘Renewable Energy Generation’ category and received the award at the Clean50 Summit held in Toronto on September 23rd, 2015.
Mr. Mueller’s vision for green energy innovation has established IWS as a world leader in wastewater heat recovery systems. IWS technology provides simple and direct heat exchange from untreated waste water, resulting in the most energy-saving, cost-effective and environmentally friendly solutions for heating, cooling and hot water for any building, residential, commercial or industrial. IWS systems are currently being deployed worldwide for public and private sector clients.
Amana and IWS have signed a definitive agreement (see press release dated September 9th, 2015) pursuant to which Amana will acquire 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of IWS subject to shareholder, regulatory and CSE approvals.
About IWS
International Wastewater Systems was founded by a team of technical and engineering professionals with over 100 years of combined experience in the heating, ventilating and geo-exchange industries. With a focus on wastewater heat recovery we are committed to manufacturing quality products that positively impact our environment, saving resources and unnecessary expense for heating and cooling.
For more info: www.sewageheatrecovery.com/