14th Apr 2016 14:40
LONDON (Alliance News) - Flowgroup PLC, which provides energy technologies, energy supply and energy services, on Thursday said the first commercial installs of the Flow boiler in customer homes have been completed.
The installations were completed on time and to plan, Flowgroup said in a statement, with the boilers performing in line with expectations, both heating the home and generating electricity.
"Initial customer satisfaction is high and the Flow Brand Ambassadors involved in the first installs are excited to be involved in making history by installing a real world's first - an affordable, electricity-generating boiler. We will continue with installations through the summer before ramping up to higher volume in the key winter period. I'd like to thank every member of our team for the effort they have put in to bring us to this historic moment," Chief Executive Officer Tony Stiff said in a statement.
Shares in Flowgroup were up 5.5% at 25.05 pence on Thursday afternoon.
By Samuel Agini; [email protected]; @samuelagini
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