Knight Frank planning further UK roll-out of Smartcool’s energy efficiency technology
Earlier this week, Vancouver-based Smartcool Systems Inc. (TSXV: SSC) (“Smartcool”) announced that it had completed installations of its HVAC optimization technologies in two UK office buildings managed by Knight Frank LLP, in London and Bristol. Already, these installations have shown a 20% savings on energy costs. This follows news of Smartcool completing three installations in January for SSE, one of the UK’s largest and fastest growing energy companies earlier in January.
Knight Frank, which is the world’s largest privately-owned real estate consultancy, is taking an active approach to reducing its overall carbon footprint, as well as energy costs for its clients, who represent more than 750 million square feet of real property ownership globally. With demonstrated success of Smartcool’s technologies in its existing office building installations, Smartcool has performed surveys of an additional 18 buildings on Knight Frank’s recommendation, foreshadowing additional installations in the near future.
David Goatman, Knight Frank’s Head of Energy and Sustainability commented that he is very impressed with Smartcool’s technologies and he is looking forward to continuing collaboration and proceeding with further roll-outs. Smartcool CEO Ted Konyi shared these sentiments, stating that Knight Frank’s dedication to its efforts has been very clear, and that the outcome of this rollout will equally benefit Knight Frank’s clients, as well as the environment.
Smartcool’s product line consists of energy retrofit solutions for both residential and commercial properties, addressing the natural inefficiencies of HVAC systems, with the ability to save as much as 40% of energy expenses. The solutions are engineered to be compatible with existing HVAC configurations for easy installation with no downtime. The solutions have undergone rigorous third-party testing, to include testing by Oak Ridge National Laboratories, which is part of the United States Department of Energy.
Smartcool has put out 4 news releases since the new year:
- Smartcool and Knight Frank Collaborate to Reduce Energy Consumption in the UK – February 05, 2019
- Smartcool Begin Hall Hunter Partnership Installations across UK Sites – January 29, 2019
- Smartcool and SSE Continue to Install Energy Solutions Across Sites in the UK – January 23, 2019
- Smartcool Announces that 2018 4th Quarter Sales Exceed 2.4 Million Dollars – January 09, 2019
InvestorIntel.com is a leading online source of investor information that provides public market coverage for both investors and industry alike. A qualified online influencer through ... <Read more about InvestorIntel>