LANGLEY,
BC, June 7, 2022 /CNW/ - Green Matters
Technologies Inc ("Green Matters") announced today a mutual
agreement in the form of a Memorandum of Understanding (MoU), with
Greenbriar Capital Corp. ("Greenbriar") to outline the
process for Green Matters to design and manufacture sustainable
energy recovery systems that will provide the domestic hot water,
space heating and cooling for the 995-unit, sustainable "Sage
Ranch" housing project in Tehachapi,
CA, a 90-minute drive north of Los
Angeles.
By incorporating Green Matters technology, the "Sage Ranch"
project will add to its mission of creating a socially responsible,
sustainable near-zero carbon footprint living community, with
carbon offsets amounting to millions of tonnes of CO2
emission reductions.
Green Matter's patented energy recovery system is more than 6
times as efficient as traditional gas fired boilers. It captures
waste heat from AC chillers and ambient air to utilize the
thermal energy and provide facilities with 100% of their hot water
and space heating demands.
Upon installation of a community energy recovery system, Green
Matters will monitor and bill its services through smart energy
metering, becoming the first of its kind in providing clean heating
and cooling to the community as an HVAC utility service
provider.
"One of the biggest problems in new real estate development
is finding net zero options for heating water. Green Matters has
figured out how to do that, and so partnering with them on this
project will play a pivotal role in meeting our goals for
sustainability."
Jeff Ciachurski, CEO
Greenbriar Capitol
"With the exceptionally high efficiencies of our patented
energy recovery system, on one side we can provide the cold water
needed to run AC systems, while on the other side, convert the
waste heat that's generated into domestic hot water and space
heating, without the need for fossil fuels. It's a win for both
business and the environment."
Michael Caetano, CEO Green Matters Technologies
Sage Ranch will also include
rooftop solar panels for electrical generation on detached homes,
power walls for electric car charging and energy storage, the
capture and reuse of grey stormwater for outdoor irrigation and
other non-potable uses, the use of smart meters and smart
appliances, and a walkable community design that minimizes the need
for daily driving.
About Green Matters
Green Matters Technologies creates innovative and disruptive
technology solutions in the HVAC (Heat, Ventilation, Air
Conditioning) marketplace that are environmentally sustainable and
commercially viable. Their "Zero Emission" product lines enable
businesses to significantly reduce their carbon footprint while at
the same time, deliver substantial energy savings. Moving forward,
the company continues to focus their efforts in diversifying their
portfolio of clean development solutions in various sectors.
Green Matters Technologies corporate offices and manufacturing
facilities are in Langley, just
outside of Vancouver, Canada.
About Greenbriar Capital
Corp
Greenbriar is a leading developer of renewable energy and
sustainable real estate. With long-term, high impact, contracted
sales agreements in key project locations and led by a successful,
industry-recognized operating and development team, Greenbriar
targets deep valued assets directed at accretive shareholder value.
Greenbriar trades on the Toronto Venture Exchange under the symbol
GRB and on the US OTC market under the symbol
GEBRF
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content:https://www.prnewswire.com/news-releases/green-matters-technologies-announces-a-mou-with-greenbriar-capital-to-provide-heating-and-cooling-for-a-995-unit-socially-responsible-near-zero-carbon-footprint-living-community-in-southern-california-301562461.html
SOURCE Green Matters Technologies Inc