Concentric Power Brings First-of-Its-Kind Cogeneration Power to 2017 Forbes AgTech Summit

Clean Power Station helps agriculture and industrial sectors realize
full sustainability potential

CAMPBELL, Calif.–(BUSINESS WIRE)–#concentricpowerConcentric
Power
, who creates sustainable infrastructure and energy
independence for companies in critical industries, unveiled today its
newest cogeneration Clean Power Station at the 2017 Forbes AgTech
Summit in collaboration with Church Brothers Farms and True Leaf Farms.
The company’s “power plant as a product” offering creates
high-efficiency energy modules for onsite electric power generation and
low temperature refrigeration.

“By 2050 the planet will need to grow 70 percent more food than it did
in 2009. With this incredible high demand and growth, the need for
better sustainable, efficient and independent energy infrastructure in
the agricultural sector will be critical,” said Brian Curtis, CEO and
founder, Concentric Power.

The Clean Power Station at True Leaf Farms includes a 2.0 megawatt
electric generator, a high efficiency internal combustion engine and a
250-ton refrigeration module providing cooling to 18 degrees Fahrenheit.
Cogeneration, also known as cogen or Combined Heat and Power (CHP), is
the production of electricity and heat from a single fuel source.
Concentric Power’s technology has the unique ability to tie directly
into existing refrigeration systems and effectively capture heat that
would otherwise be lost during the production of electricity. This
provides a clean energy solution most efficiently and directly to the
host facility while also creating significant economical savings and
increases in long-term sustainability. This efficiency translates
directly to greater than 25 percent reduction in both greenhouse gas
emissions and energy costs.

“To stay competitive, we must use the best forward-thinking technology
available. The Clean Power Station we have now at our True Leaf Farms
processing facility helps us do this,” said Tom Church, Co-Chairman, Church
Brothers Farms
. “With partners like Concentric Power, we’re able to
stay on our rapid growth trajectory.”

The Clean Power Station at True Leaf Farms was unveiled during the Forbes
AgTech Summit in-field tours on June 28. In addition to design,
fabrication and installation of the cogen system, Concentric has entered
into a 10-year service agreement with True Leaf Farms to operate and
maintain the system. Concentric Power was also featured in the
Innovation Showcase throughout the Summit on June 28-29, held in the
National Steinbeck Center at 1 Main Street in Salinas, Calif. An
existing 2.0 MW Concentric Clean Power Station at Taylor
Farms
was also featured in the in-field tours.

Concentric Power was founded in 2011 by 3rd generation Salinas native
CEO Brian Curtis. Concentric Power joined the Western Growers Center for
Innovation & Technology as one of its inaugural residents in 2015 and
believes collaboration with other industry leaders and entrepreneurs is
essential to industry growth.

About Concentric Power Inc.

Concentric
Power
, based in Campbell, Calif., and founded in 2011, creates
high-efficiency energy modules for onsite electric power generation and
low temperature refrigeration. By generating electric power and thermal
energy at the same time, Concentric Power captures heat that would
otherwise be lost during the production of electricity and instead
provides a clean energy solution. Concentric Power’s “power plant as a
product” delivers the most energy efficient method today for agriculture
and industrial sectors seeking an economical, efficient power and
refrigeration solution.

Concentric Power joined the Western Growers Center for Innovation &
Technology as one of its inaugural residents and believes collaboration
with other startups and leaders is essential to industry growth.

Contacts

BAM Communications
Saramaya Penacho, 208-610-3375
[email protected]