The company also announced that it is currently installing 22 additional energy systems at 13 locations in the northeast US.

The installations are primarily onsite utility energy agreements, but also include turn-key installation projects. The sites represent 1,460kW of installed electricity capacity plus thermal energy.

John Hatsopoulos, CEO of American DG Energy, said: Our onsite utility energy agreements have proven to be very appealing to property owners. Our customers reduce their energy costs and improve operating cash flow, all without any capital investment.