Sharc International Systems Inc., GlobeNewswire
VANCOUVER, British Columbia, March 18, 2019 (GLOBE NEWSWIRE) -- Sharc International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC" or "the Company") is pleased to announce that the Company’s UK subsidiary SHARC Energy Systems (“SHARC Energy”) have been appointed to support the development of the new low temperature District Heating Scheme (“DHS”) in Stirling, Scotland.
The $10.6M (£6M) project is being developed between Stirling Council and Scottish Water Horizons, who have contracted FES Support Services Ltd. as the main contractor to Design and Build the heat network and Energy centre to be located on the Stirling Forthside Wastewater Treatment Works. The new SHARC installation will be the second District Heating Scheme in the UK to adopt SHARC Sewage Heat Recovery, with work due to complete in spring 2019.
SHARC Energy will work with main contractors FES Support Services Ltd. to Design, Build and Operate (“DBO”) the Sewage Heat Recovery system and support an ongoing operating activity to deliver the 4th generation district heating service, designed to operate at a 60/40 flow and return temperature in the Forthside area of the town. The network will provide heating to several private and publicly owned buildings, with scope for the network to be expanded across the city to include homes, helping tackle fuel poverty and provide financial savings for businesses.
SHARC Energy’s technology reclaims heat from the waste water that homes and businesses pour down the drain every day, reusing it to generate low-carbon, low cost, sustainable clean heat that can displace the use of carbon intensive natural gas and other fossil fuels.