Core Insights - SHARC International Systems Inc. has successfully completed the supply and commissioning of five SHARC 880 systems at the False Creek Neighbourhood Energy Utility Expansion, marking a significant milestone in Wastewater Energy Transfer technology [1][2] Company Overview - SHARC Energy is recognized as a world leader in Wastewater Energy Transfer (WET), providing energy-efficient solutions for heating, cooling, and hot water production [11] - The company’s patented SHARC Series technology is increasingly being specified in district energy system designs across North America and globally, indicating strong market demand [6][11] Project Details - The expansion of the False Creek NEU has increased its capacity from 3.2 megawatts to 9.8 megawatts, making it the largest operating WET project in North America [2] - The project serves over 1,900,000 square meters of new development in Vancouver, significantly reducing reliance on the BC Hydro power grid with an annual average Coefficient of Performance (COP) exceeding 300% [2][3] Environmental Impact - The completed expansion is expected to result in an estimated annual carbon emission reduction of 4,400 tonnes, showcasing the project's contribution to sustainability [4] Industry Trends - There is a growing trend in North America towards legislation supporting district energy systems, with eleven states now having laws that facilitate the development of thermal energy network projects [10] - The Metro Vancouver region is emerging as a leader in Wastewater Energy Transfer, highlighting the potential for other regions to adopt similar technologies [8][9]
City of Vancouver NEU Expansion Opens as the Largest Operating Wet Project in North America
Globenewswire·2025-10-23 12:00