Sapphire Technologies FreeSpin® In-line Turboexpander Generator Receives Sustainability Product of the Year Award
August 30, 2023
Business Intelligence Group named Sapphire Technologies FreeSpin® In-line Turboexpander Sustainability Product of the Year in the 2023 Sustainability Awards program.
August 30, 2023—Today, the Business Intelligence Group named Sapphire Technologies FreeSpin® In-line Turboexpander Sustainability Product of the Year in the 2023 Sustainability Awards program. The Sustainability Awards honor those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission.
The FreeSpin® In-line Turboexpander (FIT) system harnesses the power of gas expansion to produce reliable and clean electricity – reducing global carbon footprint. The FIT can be used in pipelines, wells, liquefiers, turbines, and energy storage systems. By recovering this wasted pressure energy, Sapphire Technologies helps companies maximize plant efficiencies, improve productivity, reduce carbon emissions, offset electrical costs, and generate cashflow.
“We are honored to receive the Sustainability Product of the Year Award from Business Intelligence Group,” said Freddie Sarhan, CEO of Sapphire Technologies. “This award recognizes the immediate impact the FreeSpin® In-line Turboexpander is making to decarbonize natural gas networks – and the immense potential this technology has to drive sustained and global impact in the future.”
Sapphire Technologies recently announced strategic partnerships to deliver the largest deployment of turboexpander systems in the US to date. To support growing demand in the US and global markets, FIT production is projected to increase by over 400% by the end of the year.
“We are proud to reward and recognize Sapphire Technologies for their sustainability efforts,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!”
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
