Turbine Truck Engines Orders First HPBS Unit for Installation
Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG) (OTCQB: TTEG) is very pleased to announce it has executed the purchase order agreement for the manufacture of its initial Hydrogen Production Burner System (HPBS). TTE estimates the HPBS unit to be ready for installation at the manufacturing facilities of Fujian XinChang Leather, Co. Ltd., located at Jinjiang City, Fujian Province, China in 60-90 days.
Michael Rouse, TTE CEO, stated, "In the last 4 months, TTE has successfully completed a myriad of fact-finding and diligence to secure its initial client under the HPBS Lease Program as well as funding for up to $10m (CAD) earmarked for the installation of multiple HPBS units worldwide. Each HPBS unit installed under TTE's HPBS Lease Program offers a potential of 3 separate yet on-going revenue sources through the monthly lease payments, carbon credits, and the sole-source provider of methanol to each HPBS client."
The Hydrogen Production Burner System ("HPBS") proprietary technology is the "first and only" H2 production and burner technology system worldwide able to produce a consistent, steady, non-volatile and safe-to-burn concentration of hydrogen "on-demand and on-site," thus eliminating costly and complex transportation and storage challenges for customers wanting hydrogen as their "primary burner fuel" of choice. The HPBS provides industry the ability to achieve both energy and environmental conservation while simultaneously realizing a fuel cost savings of 30% to 70% from current expenditure levels.
The Hydrogen Production Burner System proprietary catalyst converts hydrogen from methanol (aka methyl alcohol or wood alcohol), a very stable and readily available liquid easily transported and stored at room temperature. The HPBS proprietary catalyst event does not use a flame to produce its hydrogen concentration mix from methanol. The catalyst does not generate hazardous substances. It is high efficiency with almost zero wasted heat. It has proven safe and reliable both through independent testing and extended periods of operation. Learn more about the technology and testing of the HPBS at the TTE website (www.ttengines.com).
PR issued 8/21/2013
Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG) (OTCQB: TTEG) is very pleased to announce it has executed the purchase order agreement for the manufacture of its initial Hydrogen Production Burner System (HPBS). TTE estimates the HPBS unit to be ready for installation at the manufacturing facilities of Fujian XinChang Leather, Co. Ltd., located at Jinjiang City, Fujian Province, China in 60-90 days.
Michael Rouse, TTE CEO, stated, "In the last 4 months, TTE has successfully completed a myriad of fact-finding and diligence to secure its initial client under the HPBS Lease Program as well as funding for up to $10m (CAD) earmarked for the installation of multiple HPBS units worldwide. Each HPBS unit installed under TTE's HPBS Lease Program offers a potential of 3 separate yet on-going revenue sources through the monthly lease payments, carbon credits, and the sole-source provider of methanol to each HPBS client."
The Hydrogen Production Burner System ("HPBS") proprietary technology is the "first and only" H2 production and burner technology system worldwide able to produce a consistent, steady, non-volatile and safe-to-burn concentration of hydrogen "on-demand and on-site," thus eliminating costly and complex transportation and storage challenges for customers wanting hydrogen as their "primary burner fuel" of choice. The HPBS provides industry the ability to achieve both energy and environmental conservation while simultaneously realizing a fuel cost savings of 30% to 70% from current expenditure levels.
The Hydrogen Production Burner System proprietary catalyst converts hydrogen from methanol (aka methyl alcohol or wood alcohol), a very stable and readily available liquid easily transported and stored at room temperature. The HPBS proprietary catalyst event does not use a flame to produce its hydrogen concentration mix from methanol. The catalyst does not generate hazardous substances. It is high efficiency with almost zero wasted heat. It has proven safe and reliable both through independent testing and extended periods of operation. Learn more about the technology and testing of the HPBS at the TTE website (www.ttengines.com).
PR issued 8/21/2013
