Sharc Energy Selects Opteon XP10 (R-513A) Refrigerants for Next Generation PIRANHA

VANCOUVER, British Columbia, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Sharc International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC" or "the Company") is pleased to announce that the Company has selected low global warming potential (“GWP”) refrigerants Opteon XP10 (R-513A) for next generation PIRANHA units.

SHARC selected The Chemours Company FC, LLC (“Chemours”) and its Opteon XP10 (R-513A), because it offers a non-ozone depleting, low GWP hydrofluoro-olefin (“HFO”) based refrigerant developed with a 56% reduction to replace R-134a in positive displacement, direct expansion, medium-temperature commercial and industrial fixed speed systems, chillers, and heat pumps (HP) such as the PIRANHA while providing improved energy efficiency, similar capacity, and excellent design compatibility.

Tim McRae, Technical Manager, Account at The Chemours Company said, "We are excited that SHARC chose Chemours and Opteon XP10 for its next gen PIRANHA. This collaboration will help SHARC engage in a more environmentally sustainable refrigerant solutions while meeting global regulatory requirements and delivering reliable performance."

Opteon XP10 is non-flammable, with an ASHRAE A1 safety classification and has significantly smoother management on the operating envelope, which makes HP application simpler to manage. Opteon XP10 is an excellent capacity and efficiency match for R-134a in new systems, as well as for retrofit of existing systems, offering an optimal balance of properties including high energy efficiency and environmental sustainability.

"Piranha is the greenest domestic hot water production system in the world, and we need to aggressively get the GWP number lowered," said Lynn Mueller, CEO, SHARC Energy Systems. "Opteon XP10 is the first step in our quest to get to zero. We look forward to working with management team at Chemours to get that mission accomplished."

About PIRANHA System

The PIRANHA system’s self-contained heat pump uses a proprietary direct expansion heat exchanger to extract thermal energy. In this application, it will collect hot wastewater from the building’s units and reuse the waste energy at 500% efficiency while providing free air conditioning. Rather than draining into a sewer as is the currently accepted wastewater practice, the heat energy in this water will be recovered. The water will act as a source for the heat pump, which will then be used to heat incoming cold water for future loads, drastically reducing energy requirements. The PIRANHA wastewater heat recovery system from SHARC International Systems Inc. is the first of its kind in the HVAC market and has redefined green building innovation.