Inspirit Energy Holdings PLC (LON:INSP), has designed a micro combined heat and power (mCHP) boiler, that not only heats the home, but also produces up to 3kW of electricity.

John Gunn, chief executive, tells Proactive Investors: “Today we are pleased to say that the product is ready to go out into the market.”

The company is manufacturing its first units with partners expected to receive the first boilers later this year.

In the first full year of production, Gunn says the company will make between 1,200 and 1,500 boilers, but adds that there is an upcoming e-commerce site allowing the public to buy them in the future


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