RNS to 80+19 Jul 2022 15:54
Lets not forget that while we buy/add back up
Scope is huge here now (mkt cap tiny) :)
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.
Read below:
Our solution is based on the Stirling-engine combined heat and power (CHP) technology that was developed by Scottish engineer, Robert Stirling, more than 200 years ago. A revolutionary of his time, his heat engine was vastly different to the internal combustion engine, operating on a cycle of compression and expansion of air or gas. To operate, it only needed an external heat source as wasted heat. The regenerator component, which stored heat from one cycle to be used in the next one, delivered greater efficiency and higher power.
Every engine or motor emits heat and what we have done is taken this waste heat and, through exceptional engineering, turned it into a viable electrical source using our waste heat recovery (WHR) system.
Our waste heat recovery (WHR) solution is suitable for any industry; it’s open and scalable and only needs a retrievable waste heat source to start generating electricity and start saving money. Our technology is adaptable and flexible and can be retrofitted into any system. All you have to do is imagine the possibilities, here are just a few of them…
As well as fuel and cost savings, Volvo collaborating with us for its marine engines thanks to scalability. The unit can be modified based on the heat source or the environment to produce a higher rate of power. They’re currently working on mid-range yachts but our solution can be modified to fit any size vessel and specification. The D13 engine we are working on is similar to the engines used by trucks in Volvo’s automotive division. Therefore there is a strong possibility we will apply this technology to the truck division after success in the marine sector.
In a commercial refrigeration unit, up to 28% of fuel is used to generate the electricity required to keep it operating, so the potential to cut the cost of fuel is significant with WHR technology. The engine doesn’t work any harder because the heat it emits is turned into the electrical power source that can then power the electrical generators to cool the products in the refrigeration unit.
A Spanish waste plant currently has a system to collect waste heat from its three engines but it is only around 28% efficient and therefore not cost-effective enough to generate extra electricity. Our technology is 92% efficient, allowing the company to maximise effectiveness of the whole system and start regaining costs.
The hotel industry is a key culprit when it comes t
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