Novacab International said process will be integrated into Molson Coors in two breweries in Canada
SHERBROOKE, Que.—A Quebec firm said it has lined up deals to install thermal energy storage systems at a pair of Molson Coors Brewing Co.’s Canadian plants.
Novacab International Inc. said the projects—”the first of many” for the beer maker—will be integrated into Molson Coors breweries in Montreal and Vancouver.
The initial installations are expected to generate revenues of $300,000 and $900,000, respectively.
According to Novacab, it will use its patented Novanergy technology that creates industrial high-temperature thermal energy storage which will be integrated into the brewing process.
No further details were provided.
The process is based on the success of three installations projects in IBM plants in the past.
Novacab said IBM realized savings totalling $500,000 per year in electricity costs using the technology.
“We have been developing this technology for over six years with IBM which was one of our first industrial applications,” Novacab president Stephane Bilodeau said in a statement.
“The installation, and subsequent use of our system, has exceeded our expectations as well as the client’s.”