SHARC Energy received a record $5 million purchase order from the City of Surrey for its District Energy Sewer Heat Recovery Project, marking the company's largest order to date. The project involves supplying three SHARC 880 systems with 6 MW thermal capacity to recover heat from wastewater, supporting Surrey's district energy network and reducing natural gas use. Revenue is expected in late 2027 and 2028, with potential future expansion to 27 MW. The project is backed by multiple government bodies and aims to supply over half of Surrey City Centre's heating needs.
SHARC Energy's record $5 million purchase order is notable context for readers. For those following the energy sector, Pluang data shows that as of Oct 23, 2026 03:02 WIB, 20 of 79 US energy stocks rose while 58 fell. Nexgen Energy Ltd. shares traded at USD 8.12 with a 4.75% decline, TechnipFMC plc shares were at USD 66.73 with all Pluang orders buying, and Centrus Energy Corp shares stood at USD 104.22 with all orders selling.
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