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Unit verification for LPG microCHP boiler

18th May 2012 07:00

RNS Number : 6135D
Energetix Group plc
18 May 2012
 



Energetix Group plc

("Energetix" or "the Group")

 

Unit verification for LPG version of Kingston microCHP boiler

 

Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products, announces that its subsidiary Energetix Genlec Limited ("the Company") has received Unit Verification from the British Standards Institution for the first of its liquefied petroleum gas (LPG) version of the Kingston microCHP Delta unit.

 

As previously announced the Group has been working with Calor Gas to develop an LPG variant. To date trials in Energetix labs have shown that the LPG appliance operates as expected and is very similar in performance to the original Kingston microCHP Delta production engineered units which run on natural gas. 

 

The next stage in the development of a commercial LPG version of the Kingston boiler is to commence field trials in homes to assess the performance of the appliance in off-gas grid homes. Initially four LPG units will be used in the field trial. Unit verification has been received for the first LPG unit with certification of the remaining units expected to be completed shortly. Installation of the trial units will then take place in time for the next heating season beginning in September.

 

The LPG Variant of the Kingston microCHP boiler will be able to generate a proportion of the household's electricity needs in the home which could enable Calor Gas to have a real competitive advantage in the off grid energy supply market both in the UK and Europe.

 

Adrian Hutchings, Chief Executive Officer, said "Unit verification is an important step as we work with Calor Gas to commercialise an LPG version of the Kingston boiler. With ever increasing fuel bills, strong demand for greener and cleaner energy, and increased regulatory support for microCHP products the prospects for our Kingston microCHP boiler are stronger than ever."

 

 

For further information please contact:

 

Energetix Group plc

www.energetixgroup.com

Adrian Hutchings, Chief Executive Officer

Tel: +44 (0)151 348 2111

 

 

Cenkos Securities plc (NOMAD & Broker)

www.cenkos.com

Stephen Keys / Adrian Hargrave (Corporate Finance / Nomad)

Julian Morse (Sales)

Tel: +44 (0)20 7397 8900

 

 

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780

Paul McManus (Media Relations)

[email protected]

Paul Cornelius (Investor Relations)

[email protected]

 

 

 

 

About Energetix Group plc

 

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative energy, with particular focus on distributed generation, energy storage, and energy efficiency. Currently Energetix has two subsidiary businesses:

 

Genlec - distributed energy generation for domestic dwellings.

 

Pnu Power - back-up power for the Telecom, Technology and power transmission markets.

 

In addition, Energetix has a c.27% stake in VPhase plc, an energy efficiency business Energetix created and subsequently spun out of Energetix in 2010. VPhase is now a standalone independently funded commercial venture.

 

With all technology development now completed Energetix is well positioned as both its subsidiaries move into the latter phases of commercialisation with their best-of-breed solutions.

 

Genlec

 

Genlec has developed a highly efficient, compact and light weight, wall mounted microCHP (Combined Heat and Power) appliance known as the Kingston Boiler. The Kingston boiler is specifically designed to generate 1kW of electrical power to meet the UK's Microgeneration Certification Scheme (MCS) to enable UK owners to receive the Government's 12.5p/ kWh feed in tariff for approved microCHP devices. The Kingston boiler therefore has an inherent low total cost of ownership (initial outlay plus maintenance) and has already demonstrated industry leading payback cycles which many analysts believe is the key to unlocking this significant market opportunity.

 

In February Energetix announced its intention to create a unique dual fuel energy company to provide free Kingston microCHP boilers to its customers in return for a commitment to purchase gas and electricity for a fixed period. In March Genlec received Unit Verification for the first of its Kingston microCHP Delta production engineered units and in April it acquired an electricity supply licence.

 

Pnu Power

 

Pnu Power focuses on the provision of compressed air back-up power which can ensure an uninterruptible power supply for critical systems, particularly for the telecoms, data centre and power transmission markets. Pnu Power range has been extended to include the DC100 product that can now meet the demand of the rapidly growing Green Data Centre market, providing a low carbon alternative to flywheels. Pnu Power has been successful in achieving repeat trial sales and is now poised to move out of the trial sales phase and into full volume commercial sales.

 

Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are all based near Chester, NW England.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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