SHARC wins “Incubatenergy Lab Challenge” by EPRI

SHARC International Systems Inc. (SHARC) announced that it has won the opportunity to collaborate on a pilot project funded by the Electric Power Research Institute (EPRI) after presenting at the Incubatenergy© Labs Challenge. The Company has now been selected to demonstrate innovative power delivery and use technologies under the leadership of EPRI, Ameren Corporation, Tennessee Valley Authority, and Southern California Edison.

SHARC has earned a paid demonstration supported by Incubatenergy Labs. The project will commence on June 1st and SHARC will work with EPRI and participating American utilities to install a PIRANHA™ HC. The results will be presented at the Incubatenergy Labs “Demo Day” currently scheduled for October 14, 2020 in St Louis, Missouri.

The PIRANHA HC simultaneously provides air conditioning and hot water heating. This feature effectively doubles the efficiency of the unit by providing two significant functions for a building utilizing recycled energy from waste water that would otherwise be lost down the drain. This paid demonstration project marks the first installation of a PIRANHA HC unit and the Company is energized with this significant milestone.

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