- Kontrol
Energy Corp. specializes in disruptive technology acquisitions that focus
on energy use applications
- The
company has expanded its reach from facilities management to automotive
industry productivity and cannabis farm emissions control
- Amid
Canada’s developing governmental regulations in the wake of nationwide
cannabis legalization, cultivators are facing complaints about their
environmental impact
- The
market for global industrial emissions control is expected to grow, with a
forecast CAGR of 7.8 percent through 2024 and sales of $21.1 billion by
2022
Efforts to “save the planet” have for decades turned worries
about changes in our natural environment into a variety of climate-friendly
endeavors, once leading comedian George Carlin to complain, “Save the planet?!
We don’t even know how to take care of ourselves yet!” Smart energy efficiency
platform developer Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is
helping businesses take care of themselves and care for their neighbors while
making the earth’s climate a little friendlier for humanity in the process.
Kontrol Energy is a Canadian company focused on developing
market-disrupting digital technologies, specifically working to help customers
reduce their overall energy-consumption costs while establishing a
corresponding reduction of their greenhouse gas (GHG) emissions.
Initially intent on helping building managers monitor,
assess and control electrical usage in their facilities, Kontrol’s functionality
has grown from acquiring companies in the sector encompassing building
automation systems, although that part of its mission continues, with its
seventh acquisition currently pending, as announced on March 14, in support of
the goal of adopting further electrical efficiency retrofit services (http://ibn.fm/P31c8).
The company announced recently that it will be working with
Toyota Tsusho Canada, Inc. (“TTCI”) in a joint venture aimed at applying its
digitized, real-time data analysis and machine learning capabilities toward
real-time energy management in the automotive industry, providing technological
solutions and services to Original Equipment Manufacturer (OEM) clients to help
them get the most efficiency from their production operations (http://ibn.fm/BQS8I).
Kontrol followed that announcement with a news release on
April 1 stating that the company will be advising cannabis industry clients in
Canada on analysis of their emissions as government regulations continue to
coalesce in the wake of the nation’s legalization of full adult-use options for
the drug last year (http://ibn.fm/aVIfd).
“We offer turn-key odour and emission services designed to
scientifically identify, measure and mitigate VOCs (volatile organic compounds)
and help our customers be at the leading edge of compliance. We can assess
applicable odour control technologies such as carbon filtration, ionization,
etc. and then provide the turn-key technology solution and other critical
systems required that are best suited for the specific facility,” Kontrol
Energy CEO Paul Ghezzi stated in a news release. “Further, solutions to
continuously monitor the effectiveness of odour control equipment or the
ambient air outside of the facility can be the early warning system required to
reduce the frequency of odour complaints. We are well positioned to add new
customers in the Cannabis industry and grow our footprint in this significant
new market.”
Elevated VOC levels can be produced during the cannabis
plant flowering and harvesting process. Kontrol Energy and its operating
subsidiary, ORTECH Consulting, have more than 40 years of history working with
issues surrounding emissions in multiple industry sectors, according to the
company.
Analysts at Research and Markets predict that the global
industrial emission control systems market will grow at a CAGR of 7.8 percent
between 2018 and 2024 (http://ibn.fm/1NPZ6).
Allied Market Research foresees the sector reaching $21.1 billion in sales by
2022 (http://ibn.fm/nSnxo).
The cannabis industry clearly has a role to play in the global emissions
trends, as cultivators are being hit with a growing incidence of complaints
over their environmental impact (http://ibn.fm/oyxNy).
Kontrol Energy is aiming to help
those growers be good corporate citizens.
For more information, visit the company’s website at www.KontrolEnergy.com
NOTE TO INVESTORS: The latest news and updates
relating to KNRLF are available in the company’s newsroom athttp://ibn.fm/KNRLF
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Editor@QualityStocks.com
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