Inspirit Energy Holdings PLC Update on the Waste Heat Recovery system (2074Q)
27 Giugno 2022 - 8:00AM
UK Regulatory
TIDMINSP
RNS Number : 2074Q
Inspirit Energy Holdings PLC
27 June 2022
27 June 2022
Inspirit Energy Holdings Plc
("Inspirit" or "the Company")
Update on the Waste Heat Recovery system.
Inspirit Energy Holdings Plc, (LON: INSP) is pleased to provide
an update on its Waste Heat recovery (WHR) system.
The WHR is a major component in the application for the Volvo
Marine engine and other heat recovery applications the Company has
been working on whereby waste heat exhaust is recycled and
converted to energy.
The unit is being built and tested in Poland and with the
current issues in neighbouring Ukraine, sourcing materials and
components has been challenging. However, we are pleased to report
that on the first phase of the development of the WHR unit and with
limited testing, the unit has provided the highest recorded output
of over 30 kW in the first stage build test period. This is a
remarkable achievement in Inspirit's history.
We will continue to keep our collaboration partner informed of
our progress and the team wish to make further enhancements to the
appliance before commencing trials (including having the Marine
application available) and we will provide further updates to the
market in due course.
Photographs of the unit will be available on our website (
www.inspirit-energy.com ).
Paul Booker, Design and Development Director, commented:
" This is truly ground breaking technology and the application
can be applied to marine, waste heat recycling from energy
generation, refrigerated transport that uses diesel engines and
many more applications. "
More information on Inspirit Energy can be seen at:
www.inspirit-energy.com
For further information please contact:
Inspirit Energy Holdings plc
John Gunn, Chairman and CEO +44 (0) 207 048 9400
Beaumont Cornish Limited
www.beaumontcornish.com
(Nominated Advisor)
Roland Cornish / James Biddle +44 (0) 207 628 3396
Global Investment Strategy UK
Ltd
(Broker)
Samantha Esqulant +44 (0) 207 048 9045
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END
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