Cerritos, CA – June 27, 2024 –Sapphire Technologies, a leading developer and manufacturer of energy recovery systems for hydrogen and natural gas applications, proudly announces a first of its kind operational milestone of 13,000 operating hours for its FreeSpin In-line Turboexpanders in the Japanese market. This achievement represents a groundbreaking advancement in the turboexpander industry, furthering joint efforts to decarbonize the natural gas sector and bolster sustainability with the following benchmarks:
- Produced over 2.5 gigawatt-hours of electricity, valued at approximately 550,000 USD (86 million Yen) *1)。 when calculated with the electricity costs for homes in Japan
- Prevented the emission of 1,934 tons ofCO2e*2), emphasizing the substantial environmental and economic impact of Sapphire’s FreeSpin In-line Turboexpander;
- Solidifies Sapphire's presence in the Japanese market and sets the foundation for expanding market opportunities and collaboration within the region's energy sector.
Based on the information reported by Ms. Catharina Klein (researcher of Statista) on May 8, 2024.
Calculated using EPA calculator of U.S. Environmental Protection Agency.
The 13,000-hour milestone not only underscores the operational excellence of Sapphire's turboexpanders, but also demonstrates its proven reliability and durability in real-world conditions. After a year of successful operation, a thorough boroscope inspection was conducted on all critical components, including the impeller. The inspection confirmed that there were no signs of wear or degradation, highlighting the potential for many more years of reliable, continuous operation.
“Sapphire Technologies is thrilled to mark this significant milestone in our expansion within the Japanese market,” said Freddie Sarhan, CEO of Sapphire Technologies. “This accomplishment highlights our dedication to setting a new standard for energy recovery systems, and also paves the way for additional growth opportunities and collaborations within the Japanese energy sector."
"The pioneering partnership with Sapphire Technologies is a pivotal step towards achieving our strategic objectives and reinforcing our commitment to sustainable energy solutions," stated Laurent Poidevin, President and Representative Director of TB Global Technologies Ltd. "We are excited to further our role in advancing cutting-edge technologies that address today’s energy challenges, while delivering substantial environmental and economic advantages."
This significant operating milestone between Sapphire Technologies and TB Global Technologies Ltd. reflects a mutual dedication to revolutionizing the energy industry. Together, they are establishing innovative benchmarks in energy technology and leading the worldwide shift towards solutions that bolster energy security, minimize environmental footprint, and foster a more sustainable planet for generations to come.
Sapphire Technologies' turboexpanders have emerged as the benchmark for environmental sustainability in the industry. By incorporating advanced technologies and innovative engineering, these turboexpanders are leading the way in reducing energy consumption and minimizing environmental impact. To learn more visit https://www.sapphiretechnologies.com.
About Sapphire Technologies
Sapphire Technologies is driving global decarbonization through developing and manufacturing energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. Sapphire Technologies’ systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers maximize efficiencies, improve productivity, reduce carbon emissions, offset electrical costs and achieve substantial financial returns. For additional information visit: https://www.sapphiretechnologies.com.
About TB Global Technologies Ltd.
TB Global Technologies Ltd. that plays a core role in Tokyo Boeki Group aims to become a company that contributes to the lives of people around the world and society by creating rich values as a technical partner of our customers.
We contribute to the development of global energy society through the development/manufacturing/sales/maintenance services in energy related equipment, etc. such as loading arms which are our flagship product.
For additional information visit: https://www.tbgtech.co.jp/en/about/group/.
