VANCOUVER, British Columbia — Smartcool Systems Inc. and Tri-Caribbean Energy (TCE) announced that the Smartcool ECO3, as a part of TCE’s Green Energy Management (GEM) Power Savings Bundle, is reducing energy consumption by 31 percent on refrigeration systems at the Crystal Cove Hotel in Barbados.

Smartcool’s ECO3 provides intelligent compressor optimization that is designed to save an average 15 percent kWh and give customers a payback in 12 to 36 months.

TCE has its head office in Christ Church, Barbados, and delivers complete energy conservation and clean energy generation solutions to commercial and residential customers throughout the Caribbean with a particular focus on luxury resort hotel properties.

An initial pilot installation of the Smartcool ECO3 technology resulted in a 31 percent savings during the pilot period. “The Caribbean has some of the highest electrical rates in the world, averaging approximately $0.39/kWh, so all businesses understand that they need to have a comprehensive energy management strategy in order to control their costs and enhance their profitability. TCE’s Green Energy Management platform including the Smartcool ECO3 is a simple and effective way to achieve this goal and we look forward to deploying our GEM platform at Crystal Cove as well as the other hotels and restaurants in the Elegant Hotels Group portfolio across Barbados,” said Perry Douglas, president and CEO of Tri-Caribbean Energy.

“Tri-Caribbean Energy is Smartcool’s premier regional partner in the Caribbean and we are looking forward to continuing to support their exciting efforts with leading businesses across the region such as the Crystal Cove Hotel. We are confident that the TCE GEM Power Savings Bundle will be embraced by an increasing number of Caribbean market leaders in 2016,” said Chris Lefaivre, Smartcool executive vice president - Americas.

For more information about Smartcool Systems, visit http://smartcool.net.

For more information about Tri-Caribbean Energy, visit http://tricaribbeanenergy.com.

Publication date: 1/18/2016

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