Fort Worth-based university Texas Wesleyan, in the US, has broken ground on its new Central Power Plant (CPP),à‚ a combined heat and power plant projected to save 5.9 GWh per year and $377,000 annually on utility costs.
A key part of the US university’s $6.2 million energy-saving project, the new power plant also includes an absorption chiller, cooling tower, boilers, pumping systems and central plant optimization controls.
The project with The Way Companies is self-funded and is expected to save the university more than $12 million over the next 15 years.
Jeff Lovejoy, project manager for The Way Companies, said. “Co-generation systems are a growing trend à¢€” the energy and cost savings are good for the environment and make good business sense.”