LONDON (Alliance News) - Inspirit Energy Holdings PLC Thursday said Calor Gas Ltd has agreed a deal to install a micro combined heat and power (mCHP) co-generation boiler at a customer site.
Calor will install the boiler when the commercial units of the boiler become available later in the year, Inspirit said.
Inspirit is developing a heating boiler which simultaneously generates sufficient electricity to power the home.
Inspirit raised GBP1 million in June via a share placing in order to fund the next phase of bringing the mCHP boilers to the market.
Inspirit shares were up 3.3% in afternoon trade to 1.55 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Inspirit Energy (INSP)