RCS - INNIO Group - INNIO Group's Jenbacher Brand Wins Award

MicrosoftAnnouncement

05/07/2023 14:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230705:nRSE0356Fa&default-theme=true

RNS Number : 0356F  INNIO Group  05 July 2023

INNIO Group Announces That Its Jenbacher Brand is a Winner of the COGEN Europe
Recognition Award 2023 for Market Development

INNIO's Jenbacher brand received the COGEN Europe Market Development Award
2023 in recognition of four major projects across the cogeneration sector. -
The COGEN Europe event highlighted the latest trends from the energy world in
the presence of industry representatives, policymakers, and other key
stakeholders. - COGEN Europe's recognition of the Jenbacher product brand
underpins INNIO's long-standing success in the delivery of cogeneration
projects, which help empower a secure, affordable, and climate-friendly energy
supply.

BRUSSELS, BELGIUM / ACCESSWIRE / July 5, 2023 / INNIO Group (INNIO*) today
announced that its Jenbacher* product brand has been selected as a winner of
the COGEN Europe Recognition Award 2023 for Market Development (Organization).

To view the image (Click Here (https://pr.report/l6JvOGt1) )

The Jenbacher team, as part of INNIO, was recognized for its expertise in
designing truly integrated energy systems that can be replicated at the local
level across diverse settings and in various applications in both communities
and industries. The jury lauded the Jenbacher experts for their approach to
sector development, which focuses on the cost-effective decarbonization of
entire energy systems while following system integration principles.

COGEN Europe referenced four major Jenbacher projects in Germany that
demonstrate what future energy systems can look like: Stadtwerke Kiel AG,
Stadtwerke Tübingen, Stadtwerke Bad Säckingen GmbH, and Bürger Energie
Neckar Enz (B.E.N.E.) GmbH & Co. KG. These projects combine wind and/or
solar, cogeneration plants, renewable gases, large heat pumps, and storage
with intelligent plant management.

Jenbacher technology is empowering industries and communities to reduce CO(2)
emissions significantly. All new Jenbacher engines can be converted to operate
on up to 100% hydrogen once hydrogen is available.

"Efficiency must pay off! Only with cogeneration will it be possible to
sufficiently relieve the electricity grids and thus ensure a secure,
affordable, and climate-neutral energy future," said Dr. Olaf Berlien,
president and CEO of INNIO. "Decentralized, flexible combined heat and power
plants are needed to ensure a resilient power and heat supply."

"INNIO is helping Europe move toward climate neutrality," said Hans Korteweg,
managing director for COGEN Europe. "INNIO's relentless search for reliable
and efficient energy solutions is helping Europe meet energy needs while also
empowering the way to net zero. INNIO's work as a pioneer in fuel flexible
cogeneration serves as a prime example of developing, applying, and promoting
cogeneration to help meet the energy challenges of today and tomorrow."

COGEN Europe Recognition Awards recognize organizations and individuals for
their achievements in developing, applying, and promoting cogeneration in
Europe. This year, the winners were chosen by a jury of industry
professionals, NGOs, and representatives of the research community with broad
sector knowledge.

###

About INNIO Group (INNIO)

INNIO* Group is a leading energy solution and service provider that empowers
industries and communities to make sustainable energy work today. With our
product brands Jenbacher* and Waukesha* and our digital platform myPlant*, we
offer innovative solutions for the power generation and compression segments
that help industries and communities generate and manage energy sustainably
while navigating the fast-changing landscape of traditional and green energy
sources. INNIO is individual in scope, but global in scale. With our flexible,
scalable, and resilient energy solutions and services, we enable our customers
to manage the energy transition along the energy value chain wherever they are
in their transition journey.

INNIO is headquartered in Jenbach (Austria), with other primary operations in
Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada). A team of more than
4,000 experts provides life-cycle support to the more than 55,000 delivered
engines globally through a service network in more than 100 countries.

INNIO's improved ESG Risk Rating again secures the number one position across
more than 500 companies globally in the machinery industry assessed by
Sustainalytics.

For more information, visit the INNIO Group website at www.innio.com
(https://pr.report/kBHlsI3z) . Follow INNIO and its brands on Twitter
(https://pr.report/1uagSYZc) and LinkedIn (https://pr.report/7Xw9r3Ly) .

*INNIO, Jenbacher, Waukesha, and myPlant are trademarks of the INNIO Group or
one of its affiliates. All other trademarks and company names are the property
of their respective owners.

Contact Information

Susanne Reichelt

INNIO Media Relations
susanne.reichelt@innio.com (mailto:susanne.reichelt@innio.com)

+43 664 80833 2382

SOURCE: INNIO Group

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUVSOROAUBRRR