Ottawa-based clean-tech firm Thermal Energy International is continuing to make inroads into the health-care sector, following an $820,000 contract from a teaching hospital.
The local company, which does not typically name its clients, says the contract involves its heat recovery technology. In simple terms, its equipment captures and reuses heat from the exhaust and steam traps of large buildings, such as hospitals and industrial facilities. This helps cut its customers’ energy bills and reduces emissions.
The latest deal comes three months after Thermal Energy signed the largest contract in the company’s history, an $11-million agreement with Resolute Forest Products for its Thunder Bay’ mill.
OBJ360 (Sponsored)
![Chef Yannick Anton of the Cordon Bleu](https://assets.obj.ca/2024/06/Chef-Yannick_20240625_104056_0000-300x169.jpg)
Bringing France to Ottawa: Chef Yannick Anton recognized for contributions to the capital food scene
At the age of 14 in Nice, France, Yannick Anton was asked to choose a path for his career. After a few cooking classes in school, and seeing his grandfather
![Ottawa business growth survey with Welch LLP](https://assets.obj.ca/2024/07/WBGS-2024_1280x720_Promote-report-300x169.jpg)
Ottawa’s growth is at an inflection point
One thing the Welch LLP Business Growth Survey taught us this year is most of the business community thinks we’re on track, but have a ways to go.
In late January, Thermal Energy reported a 21 per cent increase in second quarter revenues.