ESCtrade

Inspirit Energy Brings the charger to market

LSE:INSP   INSPIRIT ENERGY HOLDINGS PLC ORD 0.001P
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LSE:INSP

Product development was completed in 2020 for the inspirit charger converting waste heat from gas boilers in to electricity to be used in the property or fed back to the grid reducing the carbon footprint of heating.

Recently they have announced a deal with Volvo Pinta a ship builder to integrate their technology in ship building. They are also in talks with an unnamed engineering company according to shares magazine who say that "The collaboration would allow Inspirit the opportunity to participate in district heating, waste-to-energy and other energy infrastructure projects using the partner's gasification technology."

Recently there has been huge increase in volume giving rise to what we hope to be a long term uptrend from here. I really like the product this company makes and would look at this as a long term investment.

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