VANCOUVER, Dec. 15, 2015 /CNW/ - Smartcool Systems Inc. (TSX-V: SSC)(OTCQB-SSCFF) and Tri-Caribbean Energy (TCE) are excited to announce that the Smartcool ECO3; as a part of the Tri-Caribbean Energy Green Energy Management (GEM) Power Savings Bundle, is reducing energy consumption by 31% on refrigeration systems at the Crystal Cove Hotel in Barbados.
Tri-Caribbean Energy (TCE) has its head office in Christ Church, Barbados and is delivering complete energy conservation and clean energy generation solutions to commercial and residential customers throughout the Caribbean with a particular focus on luxury resort hotel properties.
An initial pilot installation of the Smartcool ECO3 technology resulted in a 31% savings during the pilot period. "The Caribbean has some of the highest electrical rates in the world; averaging approximately $0.39USD/kWh, so all businesses understand that they need to have a comprehensive energy management strategy in order to control their costs and enhance their profitability. TCE's Green Energy Management platform including the Smartcool ECO3 is a simple and effective way to achieve this goal and we look forward to deploying our GEM platform at Crystal Cove as well as the other hotels and restaurants in the Elegant Hotels Group portfolio across Barbados." explains Perry Douglas, President & CEO of Tri-Caribbean Energy.
"Tri-Caribbean Energy is Smartcool's premier regional partner in the Caribbean and we are looking forward to continuing to support their exciting efforts with leading businesses across the region such as the Crystal Cove Hotel. We are confident that the TCE GEM Power Savings Bundle will be embraced by an increasing number of Caribbean market leaders in 2016" states Chris Lefaivre, Smartcool Executive VP - Americas.
About Smartcool Smartcool Systems Inc. (TSX-V: SSC) provides cutting edge energy efficiency and cost reduction solutions for businesses and homes around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by 15% to 20%, providing a return on investment in as little as 12 months.
About Tri-Caribbean Energy Corp. - The leader in Green Energy Management (GEM), TCE helps businesses meaningfully reduce their energy related expenditures and significantly increase their long-term profitability; while being fully managed by proprietary energy management software; GEM Control, which monitors, measures all equipment consuming energy on a property. The ability to analyze, manage and optimize energy use produces significant cost savings that go directly to the bottom-line. www.tricaribbeanenergy.com
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SOURCE SmartCool Systems Inc.
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