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August 11, 2016

Calnetix Technologies to provide shipboard heat recovery system component to Tokyo Boeki

US-based Calnetix Technologies has secured a manufacturing agreement to provide materials for a Hydrocurrent Organic Rankine Cycle (ORC) 125EJW shipboard heat recovery system to Tokyo Boeki Machinery.

US-based Calnetix Technologies has secured a manufacturing agreement to provide materials for a Hydrocurrent Organic Rankine Cycle (ORC) 125EJW shipboard heat recovery system to Tokyo Boeki Machinery.

As part of the deal, Calnetix will supply a carefree integrated power module (IPM) and other proprietary components, which will be used by Tokyo Boeki’s energy industries division to produce the finished Hydrocurrent systems.

Once produced, the Hydrocurrent systems will be sold and supported by Mitsubishi Heavy Industries Marine Machinery and Engine Company (MHI-MME).

"Tokyo Boeki will be a valuable partner for Calnetix and MHI-MME to move the Hydrocurrent product into mass production."

Developed jointly by Calnetix and MHI-MME, the Hydrocurrent system uses an ORC heat recovery procedure and Calnetix’s patented turbo power conversion technology to convert thermal energy from jacket water in the ship’s engines into electric power.

Calnetix CEO Vatche Artinian said: “This manufacturing agreement with Tokyo Boeki is consistent with our corporate strategy of creating alliances with third-party partners to take our proprietary technologies to market.

“Tokyo Boeki will be a valuable partner for Calnetix and MHI-MME to move the Hydrocurrent product into mass production and adoption in the global maritime industry.

“Establishing the manufacturing facility in Japan, close to MHI-MME and the major shipbuilding yards in East Asia, will also greatly facilitate market penetration.”

In March, the first commercial Hydrocurrent system was installed and commissioned on a containership owned by AP Møller.

The system, installed on the AP Møller containership also reduces the load on the vessel's main generator as well as cut CO2 emissions.

Tokyo Boeki currently operates facilities to help manufacture package mechanical and electrical control activities.

The company also builds full systems from design, manufacture, assembly and testing through to installation.

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