Issue 2 2020

38 Acquisition International - Issue 2 2020 Nov19016 Generating Green Power Through Genius Change is inevitable, but it can sometimes be accelerated by industry visionaries. More and more companies and individuals alike are realizing the huge benefits of adopting new technologies to generate green energy, and that is the mission of Canadian firm CEGEN Green Energy. Having been named as the Most Innovative Green Power Generation Company 2019 in Canada, we profile the firm to learn more about it. EGEN began like many other companies; an idea amongst friends. What started with napkin drawings, handshakes, and a discussion on breaking new ground, quickly evolved into something tangible. After two years of constant research and development from a garage-based office and self-financed operations, the team began to bring the concept of CEGEN to life in ways they could have only dreamed of. Now, almost four years on from those initial meetings in February 2016, the firm has become an industry disrupter, innovating methods of generating green energy for clients all over the entirety of North America. A huge aspect of the firm’s innovation is that it isn’t a replacement; it is an augmented recycling solution. During the last four years, CEGEN has developed and refined an innovative piece of exciting new technology that transforms airflow wastage into clean, green power. Strengthening the bonds between the fossil fuel industry and renewable energy industry, the firm’s technology applies a conventional wind turbine design to a mechanically-generated exhaust wind, in order to transform it into reusable clean power. Every bit of exhaust wind that is altered into green energy can be rerouted back into a facility’s operational consumption, having multiple benefits in relation to cost-effectiveness and lowering carbon emissions. Using proven wind technology that has been previously tried and tested, the CEGEN Green Energy System seeks to allow industrial applications the ability to generate electrical power without contributing further to a carbon footprint. The patent-pending design exploits wasted wind power created by compressor cooler exhaust, by converting it into usable green energy. This cleaner energy does not require expensive power line installation, and can be used on both vertical and horizontal coolers. Industrial facilities everywhere can benefit from this fully-tested, scalable, and marketable piece of innovative energy generation technology. From CEGEN’s humble beginnings, its focus has remained squarely on the market across the entirety of North America. However, recent developments and innovations have seen the firm garner a wealth of attention and interest from some of the largest industries on the global stage. Particularly for commercial and industrial companies with huge HVAC systems and equally large environmental concerns, CEGEN’s Green Energy System represents a radical shift in the way airflow can be recycled for energy consumption or reselling back to the grid for a profit. Since those first fateful meetings that gave rise to the idea behind CEGEN in 2016, the firm has had the backing and support of the natural gas sector, welcoming the presentation of new and unique ideas. This expertly designed piece of technology acts as a fusion of oil, gas, and clean energy, bridging together industries to create C better energy results for every party involved. Where once there was clear division between the fossil fuel and green energy markets, there is now a sense that harmony can be achieved. CEGEN, by allying itself with a myriad of companies in each market, has collaborated to create a technological marvel that seeks to combat a number of those divisive issues. Ultimately, the work of CEGEN is far more than it may first appear. Converting trapped and wasted airflow into reusable clean power represents a great leap forward for collaboration between the fossil fuel and green energy markets. Core to the continued success of the firm is its ability to minimize any environmental impact that industrial growth may have, whilst also maximizing its potential for the future. What began as a conversation between friends has since become an industry disrupter of the highest quality, with truly outstanding innovation. Company: CEGEN Green Energy Ltd. Contact: Jim Stewart Website: www.cegengreen.com “Where once there was clear division between the fossil fuel and green energy markets, there is now a sense that harmony can be achieved...”