Alafia

SHARC Energy Receives Purchase Order for Brooklyn Development Supported by Governor of New York

Retrieved on: 
Monday, August 21, 2023

SHARC Energy has completed the final submittal process with its New York State representative HIGHMARK and has received a purchase order for a SHARC 660 Wastewater Energy Transfer (“WET”) system to be included in the initial phase of the development.

Key Points: 
  • SHARC Energy has completed the final submittal process with its New York State representative HIGHMARK and has received a purchase order for a SHARC 660 Wastewater Energy Transfer (“WET”) system to be included in the initial phase of the development.
  • In December 2022, New York State Governor Kathy Hochul announced that construction had begun for the redevelopment of the former 27-acre Brooklyn Developmental Center property in Brooklyn's East New York neighborhood.
  • The initial phase of the development is comprised of two buildings featuring a SHARC system and a PIRANHA system.
  • The Company is working with HIGHMARK on the final submittal for the PIRANHA system and expects that purchase order soon.

SHARC Energy Applauds Transformative $1.2 Billion Development to Create 2,400 Affordable Homes, Medical Clinic, Retail in East New York

Retrieved on: 
Tuesday, January 3, 2023

The initial $373 million phase will create 576 affordable homes, a new 15,000-square-foot outpatient medical clinic, and 7,000 square feet of ground floor retail space.

Key Points: 
  • The initial $373 million phase will create 576 affordable homes, a new 15,000-square-foot outpatient medical clinic, and 7,000 square feet of ground floor retail space.
  • The initial phase of the development is comprised of two buildings with the current design having one featuring a SHARC WET System and the other a PIRANHA WET System.
  • SHARC Energy is working through the final submittal process with its New York State distributor HIGHMARK and the purchase order is expected imminently.
  • “We are appreciative of the opportunity to support the State of New York in this transformative affordable housing project.