Powerhouse Enrgy Grp Update on G3-UHt Gasification System
24 March 2017 - 6:00PM
UK Regulatory
TIDMPHE
24 March 2017
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
Update on G3-UHt Gasification System
PowerHouse is pleased to announce that the Company's G3-UHt ultra-high
temperature gasification demonstration unit (the "Unit") has cleared UK customs
after a seven week journey from Brisbane, Australia, and has been delivered to
its initial recommissioning site near Manchester.
Work will begin immediately on the recommissioning of the cornerstone of
PowerHouse Energy's Distributed Modular Gasification© system. Following this,
the Unit will be delivered to the Thornton Science Park of The University of
Chester where it will be sited for demonstration purposes.
The Company has finalised its initial two-year office lease at the Energy
Centre at the Thornton Science Park making it the first official tenant of the
Centre. PowerHouse will take occupancy on 3 April 2017.
As a first step in the recommissioning process, the Company has appointed the
engineering firm, Engsolve Ltd ("Engsolve"), to assist in both the
recommissioning and the complete and thorough engineering validation of the
Unit's capabilities.
David Ryan, PowerHouse Executive Director of Program Development says of
Engsolve, "Having reviewed numerous examples of projects on which Engsolve were
the principal external engineering team, I've had the opportunity to thoroughly
evaluate their capabilities. They have presented a capable understanding of the
demands of our G3-UHt Unit and the time demands of the project. Our intention
is that they will be one of our key partners as we take the unit through the
development cycle to full commerciality."
Keith Allaun, Executive Chairman of PowerHouse, commented, "This is a momentous
occasion for the Company. Our team has been focused on the concept of
Distributed Modular Gasification, with the G3-UHt Unit at the centre of our
plans to participate in this burgeoning segment of the Waste-to-Energy
industry, for over two years."
"We now believe we can apply an economical, efficient, and environmentally
rigorous solution to the waste and energy challenges facing our planet. Having
spent nearly half a decade experimenting, reviewing, and revising our
technology and engineering philosophy, we have designed, from first principals,
the G3-UHt Unit. We believe Distributed Modular Gasification© will allow access
to an economical, and environmentally sound, solution to land-fill diversion,
low-cost distributed electrical generation, and distributed hydrogen
production."
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Executive Chairman
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / James Bavister
Turner Pope Investments Ltd (Joint Broker) Tel: +44 (0) 203 621 4120
Ben Turner / James Pope
Smaller Company Capital Limited (Joint Broker) Tel: +44 (0) 203 651 2910
Jeremy Woodgate
IFC Advisory (Financial PR & IR) Tel: +44 (0) 203 053 8671
Tim Metcalfe / Graham Herring / Heather Armstrong /
Miles Nolan
About PowerHouse Energy
PowerHouse is the holding company of the G3-UHt Ultra High Temperature
Gasification Waste-to-Energy system, and the creator of Distributed Modular
Gasification©
The Company is focussed on technologies to enable energy recovery from
municipal waste streams that would otherwise be directed to landfills and
incinerators; or from renewable and alternative fuels such as biomass, tyres,
and plastics to create syngas for power generation, high-quality hydrogen, or
potentially reformed into liquid fuels for transportation. Distributed Modular
Gasification© allows for easy, economical, deployment and scaling of an
environmentally sound solution to the growing challenges of waste elimination,
electricity demand, and distributed hydrogen production.
PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is
incorporated in the United Kingdom.
For more information see www.powerhouseenenergy.net
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