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Surna Cultivation Technologies Introduces High Efficiency EcoChill™ Heat Recovery Chiller

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Surna Inc. (OTCQB: SRNA), operating as Surna Cultivation Technologies, has expanded its HVAC product line by introducing EcoChill™ heat recovery chillers. This innovative product aims to enhance energy efficiency and reduce operational costs for indoor agriculture. Notably, two multi-state operators in Illinois and Ohio have recently installed these chillers, which simultaneously produce chilled and hot water, leading to lower energy consumption compared to traditional systems. The modular design allows for easy maintenance, further solidifying Surna's commitment to meeting the needs of controlled environment agriculture.

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Positive

  • Introduction of EcoChill heat recovery chillers aligns with increasing demand for energy-efficient indoor agriculture solutions.
  • Two multi-state operators have adopted EcoChill chillers, showcasing market validation and potential revenue generation.
  • Chillers reduce energy consumption by simultaneously generating hot and cold water, improving operational efficiency.

Negative

  • None.

News Market Reaction – SRNA

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-99.87% News Effect

On the day this news was published, SRNA declined 99.87%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Expands HVAC product line for controlled environment agriculture (CEA) with equipment that reduces energy consumption

Boulder, Colorado, June 08, 2021 (GLOBE NEWSWIRE) -- Surna Inc. (OTCQB: SRNA), operating as Surna Cultivation Technologies, introduces the addition of heat recovery chillers to its EcoChill product portfolio.

“Surna continues to add technological options to our product lines to meet the growing demands of indoor agriculture climates. We understand that one of the biggest challenges for our customers is to be more energy efficient and drive down operational costs. This new product is part of our strategy to respond to that challenge,” said Troy Rippe, Surna Cultivation Technologies Vice President of Operations and Development.

Two multi-state operators (MSOs), in an effort to drive down operational costs, recently installed the EcoChill heat recovery chillers. The first MSO is a 90,000 square foot facility in Illinois and the other is a 40,000 square foot facility in Ohio.

Because they produce both chilled and hot water simultaneously, EcoChill Heat Recovery Chillers can reduce the capacity requirements and energy consumption versus traditional 4-pipe chilled water systems. They are also modular, with the capability of each unit being installed inches apart. For easy maintenance, each unit can be serviced from the front of the unit or removed from the bank of chillers for servicing without disruption to the other units.

The EcoChill family of chillers also includes small tonnage chillers designed specifically for indoor cultivation applications, delivering benefits that other cooling systems cannot provide. Using a Surna Cultivation Technologies chilled water system with ductless fan coils eliminates ductwork and helps cultivators to seal their environment against outside contaminants.

If you want to learn more about Surna Cultivation Technologies full line of EcoChill chillers, please contact us at www.surna.com.

About Surna

Surna Inc. (www.surna.com), operating under the tradename, Surna Cultivation Technologies, designs, engineers and sells cultivation technologies for controlled environment agriculture including: (i) liquid-based process cooling systems and other climate control systems, (ii) air handling equipment and systems, (iii) a full-service engineering package for designing and engineering commercial scale thermodynamic systems specific to cannabis cultivation facilities, and (iv) automation and control devices, systems and technologies used for environmental, lighting and climate control.

Headquartered in Boulder, Colorado, we leverage our experience to bring value-added climate control solutions to our customers that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy the evolving state and local codes, permitting and regulatory requirements. Although many of our customers do, we neither produce nor sell cannabis.

Contact:
Jamie English
Vice President, Marketing Communications
jamie.english@surna.com
303.993.5271


FAQ

What is Surna Inc.'s new product for controlled environment agriculture?

Surna Inc. has launched EcoChill heat recovery chillers, designed to enhance energy efficiency and reduce operational costs.

Where have EcoChill chillers been installed?

EcoChill chillers have been installed at a 90,000 square foot facility in Illinois and a 40,000 square foot facility in Ohio.

What are the benefits of EcoChill heat recovery chillers?

These chillers reduce energy consumption, lower capacity requirements, and offer easy maintenance due to their modular design.

How does EcoChill compare to traditional cooling systems?

EcoChill systems are more energy-efficient because they produce both chilled and hot water simultaneously, unlike traditional 4-pipe systems.

When was the EcoChill heat recovery chiller introduced?

The EcoChill heat recovery chiller was introduced on June 8, 2021.
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