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Member Info for halffull

Member Since: Sat, 24th Apr 2010

Number of Share Chat Posts (all time): 313
Number of Share Chat Posts (last 30 days): 0

Last Posted: 28 May '14

28 May '14

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28 May '14

USA ratings agency Significantly Upgrades Bwin.
21 May '14

Val are presenting on 10th June @ Novotel Tower Bridge.
7 May '14

LONDON--(BUSINESS WIRE)-- Waste2Tricity Limited is pleased to announce an agreement with PowerHouse Energy Group plc (AIM:PHE) making W2T’s Thai subsidiary Waste2Tricity International (Thailand) Sole Vendor for the Pyromex system in Thailand, with an agreement in principle for the exclusive right to manufacture the Thai systems. This includes a target of a minimum sale of 10 systems in the first 4 years, with revenue opportunities approaching £50M.

The systems will be used for small scale hazardous and clinical waste destruction relying on gate fees for its revenue stream. This economic model contrasts with W2T’s large scale Alter plasma technology, also exclusively licensed in Thailand, where waste derived feedstock is efficiently converted to electricity for the grid.

Waste2Tricity International (Thailand) is negotiating with PHE for the delivery of the first 25 tonne-per-day unit which will be supplied by PHE and optioned for delivery to Thailand by the end of 2014. This will act as a reference site for the technology and W2T(I)T is already discussing the site location with Thai partners.

PK Thummukgool, Director, Waste2Tricity International (Thailand) said, “The small scale Pyromex system enables us to address Thailand’s urgent need to dispose of hazardous and clinical waste safely in an environmentally responsible and cost-effective manner. The ability to locally produce hydrogen from the syngas furthers our goal to create a distributed hydrogen system throughout Thailand.”

John Hall, Managing Director, Waste2Tricity said, “Hazardous waste carries a high gate fee and offers a convincing economic model at this scale, initial discussions with our Thai partners suggest a deployment target of at least 50 systems over the life of the agreement. The commercial model is primarily gate fee based, however, the syngas produced will be combusted in a gas engine; longer-term we envisage integrating PHE/Pyromex with the AFC Fuel Cell and delivering multiple 25 tonne-per-day systems taking advantage of the need for local/distributed electrical generation

Keith Allaun, Executive Chairman, PowerHouse Group, plc said, “With W2T as our partner in Thailand, we can begin an aggressive campaign to market our products into the ASEAN market. Waste2Tricity International (Thailand) is a well-known project developer in Thailand, and brings a wealth of local experience and expertise. This allows us to accelerate our intended growth in an area with significant demand for renewable power.”
7 May '14

AFC own 25% of W2T so can only be good news. "We continue to evaluate the Pyromex technology which has the potential to be a perfect solution for small to medium scale Waste to Energy challenges facing Thailand. The Pyromex 25 tonne-per-day system, generating 1 MW of electricity, could be deployed in dozens of locations, taking advantage of local/distributed electrical generation, and benefiting the people and economy of Thailand. The potential economic advantages of the Pyromex solution are obvious and we are excited to be taking steps to be their exclusive partner in this area of Asia. With our exclusive license for the AFC Fuel Cell technology, we believe that this will be the most affordable modular system available on the market for the delivery of clean Waste-to-Energy projects, the optioned system will enable us to work with our Thai partners to finalise that evaluation under local conditions" said John Hall, MD of W2T. Enrgy Grp%20Alert

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