Inspirit Energy Holdings PLC Possible New Application and Collaboration (1629E)
04 Novembre 2020 - 8:00AM
UK Regulatory
TIDMINSP
RNS Number : 1629E
Inspirit Energy Holdings PLC
04 November 2020
4 November 2020
Inspirit Energy Holdings Plc
("Inspirit" or "the Company")
Product Update- possible new application and collaboration
Inspirit Energy Holdings PLC (AIM: INSP), the developer of micro
Combined Heat and Power (microCHP) solutions is pleased to announce
that it is in discussions regarding a possible collaboration with
an engineering company with expertise in advanced gasification.
The purpose of this collaboration would be to enable Inspirit to
support the heat recovery processes within this partner's
applications, by using Inspirit's Stirling technology to design a
unit to give substantial Kw output and to generate opportunities to
develop commercial applications inside this leading technology
company's mature project pipeline in the USA, UK and Europe. In
particular, Inspirit may be afforded the opportunity to participate
in district heating, waste-to-energy and other energy
infrastructure projects using the partner's gasification
technology.
These discussions are currently ongoing and Inspirit will update
the market as and when the parties have entered into a formal
collaboration.
Chairman, John Gunn, commented "We are excited about the
potential arising from this opportunity to collaborate with a
leading gasification technology company. We hope that this will
develop into a long and fruitful working relationship and expand
Inspirit's business into a variety of energy infrastructure
projects".
More information on Inspirit Energy can be found 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 (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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