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SDP landed on September 1, 2008 a 1 MEG COGEN project for installation and
service at NONG SHIM FOODS, INC. (NSF), a Korean noodle maker
with a USA factory in Rancho Cucamonga, California. The 15 year
return on the project exceeds 60% annually.
NSF is buying 5 year gas strips from SDP to lock in low gas futures prices
and guarantee the attractive pay back in savings on their power
bills. SDP is installing the system for around $1650/kW and the COGEN plant
will start up by the end of the year.
The COGEN plant will
preheat water entering two 750kW boilers. Run time will start at 71% of
available hours, shutting down on weekends, and increase 10% a year
until full capacity is reached. NSF plans to have SDP add 500kW more
COGEN capacity in year three.