VYCON Receives California Air Resources Board Approval on REGEN Flywheel Technology for Rubber Tired Gantry Cranes
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12880 Moore St.
Cerritos, CA, 90703
Press release date: October 5, 2007
LOS ANGELES, Oct. 5 / / -- VYCON -- http://www.vyconenergy.com/, an innovator in the design and manufacture of green-tech, flywheel energy storage systems, today announced that it has been awarded California Air Resource Board (CARB) approval for its groundbreaking REGEN Energy Efficiency and Recycling System. In California, the REGEN System is currently installed at the Long Beach Container Terminal and the ITS terminal in the Port of Long Beach, and at the STS/Evergreen Terminal in the Port of Los Angeles. Additionally, REGEN is installed on RTG cranes at ports in China and Korea.
CARB has verified that the system will reduce diesel particulate matter (PM) emissions by 25-50% while meeting the January 2009 NO2 limit. In addition, the VYCON REGEN system also reduces oxides of nitrogen (NOX) by 30% and CO2 by 25%.
"Receiving CARB verification fulfills a key milestone in our efforts to introduce our REGEN system into the local shipyards to assist their emissions reduction efforts and help the community," said Tony Aoun, president and CEO of VYCON. "We have a unique technology that reduces every type of emission produced by crane engine exhausts while improving the crane's performance and reducing its fuel consumption by up to 35%. We believe that our system is the only RTG crane pollution control technology that generates a meaningful return on investment to the buyer."
The REGEN System can be retrofitted onto operating cranes or installed at the factory as part of a new crane. Additionally, CARB verification means that Port operators will be able to install the REGEN System and receive emission reduction credit without further source testing. CARB created testing criteria that would accurately measure the emissions reduction and fuel savings provided by this new application of flywheel technology. After extensive testing, measuring and evaluation, CARB determined that the REGEN System meets the criteria set.
Established in 2002, VYCON is an innovator in the design and manufacture of technologically advanced, green tech, high cycling flywheel based energy storage systems. The company strives to address the needs of the crane, power quality, rail, and uninterruptible power supply (UPS) markets. VYCON's products provide a cost effective, reliable energy solution for a variety of applications. For more information, visit http://www.vyconenergy.com/.
CONTACT: Victoria Hurley of Grabiner/Hall, +1-310-993-1840, Victoria@grabinerhall.com, for VYCON
Web site: http://www.vyconenergy.com/