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SHARC International Systems Inc., doing business as SHARC Energy, develops and sells wastewater energy transfer systems that exchange thermal energy with wastewater for heating, cooling and domestic hot water applications. Its reported product portfolio includes SHARC 880, PIRANHA and Back-Flush Only systems for commercial, residential, industrial and district energy settings.
Company news commonly covers equipment orders, project deployments, system commissioning, backlog and revenue updates, product-category expansion, and governance actions. Reported applications include district energy and thermal energy networks, wastewater treatment plant effluent, multifamily housing, airports, data centers, universities and other facilities using wastewater or hydronic sources as thermal-energy reservoirs.
SHARC International Systems (OTCQB: INTWF) achieved significant reductions in greenhouse gas (GHG) emissions through its PIRANHA wastewater heat recovery system, as highlighted in the International Journal of Energy Management.
The innovative technology resulted in almost 100% reduction in GHG emissions and 60% energy cost savings in a residential building in North Vancouver. The system saved approximately $10,000 CDN in natural gas costs and efficiently met building demands. This success positions SHARC Energy as a leader in sustainable energy solutions aimed at combating climate change.
SHARC International Systems Inc. has announced a partnership with WashOut Laundry to install a PIRANHA retrofit, expected to save over 2,100 gigajoules of natural gas and eliminate 105 tonnes of greenhouse gas emissions annually. The project, supported by FortisBC, highlights WashOut as Vancouver’s first eco-friendly laundry service to introduce this technology. With a sales order backlog of $1.44M, SHARC Energy continues to expand its reach through energy-efficient solutions. The PIRANHA system aims to promote sustainability in various regions across Canada and internationally.
SHARC Energy's PIRANHA Wastewater Heat Recovery System demonstrates significant energy savings and greenhouse gas reductions in a recent project. The system achieved a 99% reduction in GHG emissions and a 61% decrease in utility bills for a 60-unit residential building. Annual savings are estimated at $10,281 with GHG emissions dropping from 68,580 kg to 669 kg. The project highlights the PIRANHA's effectiveness in providing hot water and cooling, with a consistent Co-efficient of Performance (COP) over 3.7, making it particularly suitable for colder climates.
SHARC International Systems (OTCQB: INTWF) is rolling out a wastewater energy system that allows buildings to test for the SARS-CoV-2 virus, which causes COVID-19 outbreaks. A residential complex in North Vancouver is set to use this technology, which offers accurate testing by collecting wastewater over a 24-hour period. This advance not only aims to identify potential COVID-19 hotspots but also enhances public health responses. SHARC Energy's systems are operational in several regions, contributing to pandemic preparedness and advancing health protocols in buildings.