Tecogen is establishing a new business unit of the company focused on Controlled Environment Agriculture (“CEA”).
Food crop CEA is a natural progression for Tecogen from sales of equipment to cannabis CEA facilities. Tecogen’s solutions aim to allow facility owners to reduce operating costs and increase crop yield. Utility expenses in CEA facilities are typically between 10% and 25% of revenue. Tecogen’s chiller and cogeneration solutions are built to significantly reduce this energy expense while simultaneously reducing the facility’s greenhouse gas footprint. Tecogen’s technology can also supply CO2 to boost plant growth rate by more than 150%, increasing the number of crop cycles in a year.