HENDERSON, Nev., June 25, 2012 (GLOBE NEWSWIRE) -- TransPacific Energy, Inc. (TPE), a Nevada-based renewable energy company that designs and sells energy systems which maximize waste heat recovery converting heat into electrical energy, today announced its selection as a member of a three-company consortium that will design, develop, install, and optimize a 1MW Thermal Solar driven Organic Rankine Cycle (ORC) energy project in Morocco. This landmark project will feature TPE's unique technology. TPE's proprietary heat recovery and energy conversion process uses multi-fluids to maximize heat recovery and efficiently convert waste heat directly into energy. TPE's systems efficiently convert waste heat directly from industrial processes, solar, geothermal, biomass and landfill into renewable electrical energy. TPE also offers thermal storage and power generation using warm ocean waters and desalination. TPE delivers innovative solutions for a cleaner greener world and helps reduce global warming.
The selection of TPE as a partner in this initiative was originally announced June 17th by the Moroccan government agency, Research Institute for Solar Energy and New Energies (IRESEN), that oversees the project. Other members of the partnership include SNC-Lavalin, one of the largest engineering and construction firms in the world, and MITHRAS Energies Maroc.
TPE's President Anne B. Howard commented: "We are very pleased that TPE will be a part of a major consortium and that our innovative technology will be used in this high-profile project. We anticipate that other spin off applications of our technology such as desalination and thermal storage will be used for this initiative. This should be the precursor to additional deployments in Morocco, with other government agencies and major corporations across the globe."
About TransPacific Energy Inc.
TPE's core heat recovery to power technology uses proprietary multiple component fluids that are environmentally sound, non-toxic and non-flammable. Custom formulated mixtures efficiently capture and convert heat directly from the heat source at temperatures ranging from 100 °F to 1000 °F. TPE's technology offers applications broader temperature ranges than other ORC systems. Other ORCs must use a binary system or secondary heat transfer loops to recover waste heat resulting in significantly lower heat recovery efficiency, lower output power, and increased costs. TPE's advanced technology does not use cooling towers but employs either air-cooled or water-cooled condensers.
TPE's systems reduce operating and maintenance costs and provide good return on investment rendering systems economically viable. Please visit our web site to learn more about TPE products; www.transpacenergy.com