Kontrol Technologies Corp (OTCQB:KNRLF, NEO:KNR) said it was selected by a cannabis company to provide an energy efficiency building upgrade with corresponding emission reductions and real-time monitoring.
The project involves an upgrade to the client’s current HVAC system to deliver energy savings, lower energy consumption and real-time monitoring for ongoing optimization.
The new client was unnamed in the release from Kontrol because of industry competitive purposes, but the company revealed that it operates in Ontario and British Columbia, Canada.
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"Across the industrial and commercial building markets there is an urgent need for energy savings and greater energy efficiency both in terms of immediate cost control and also mitigating the rising cost of energy," Paul Ghezzi, CEO of Kontrol Technologies, said in a statement.
"This is a new customer in the cannabis sector, and we are pleased to have been selected to deliver an energy savings and operational improvement solution."
Energy efficiency upgrades provides some of the quickest and most cost-effective CO2 mitigation options while lowering energy bills and strengthening energy security, Kontrol noted.
"With the increase in electricity and natural gas rates, our customers require energy efficiency solutions which produce cost savings, lower energy bills and optimize building performance," CEO Ghezzi added.
Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of buildings.
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