GreenMan Technologies, Inc. today said in a statement that revenues at the company’s American Power Group (APG) dual fuel subsidiary increased to $347,000 from $138,000 for the same quarter last year and increased to $1,768,000 from $333,000 for the prior fiscal year.
APG’s dual fuel system converts diesel engines and diesel generators to function more efficiently and at a lower operating cost (average net fuel cost savings of 20% – 35%) by seamlessly displacing up to 40%-60% of the normal diesel fuel consumption with either CNG, LNG, pipeline gas, well-head gas, or other qualified bio-methane gases.
APG’s system is non-invasive to the OEM engine and operates within all OEM performance controls with the flexibility to return to 100% diesel operation at any time. APG’s dual fuel conversion and emissions reduction systems can help users achieve their sustainability goals through lower carbon monoxide, nitrogen oxide, and particulate matter emissions.
In addition, the introduction of natural gas through APG’s dual fuel system does not impact diesel engine power or torque and will assist in extending the engine’s oil life as natural gas is a cleaner burning fuel compared to diesel.
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LNG World News Staff, January 17, 2012