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Tecogen launches new business unit for Controlled Environment Agriculture targeting $172B market
TECOGEN INC.
- New business unit focuses on indoor agriculture to reduce energy costs and increase crop yield with chillers and cogeneration.
- CEA market projected to exceed $172 billion globally by 2025 per industry study cited in press release.
- Tecogen's solutions can cut utility expenses (typically 10-25% of facility revenue) and supply CO2 boosting growth rate >150%.
- Expansion builds on Tecogen's existing equipment sales to cannabis CEA facilities.