LONDON (Alliance News) - PowerHouse Energy Group PLC on Monday said it is nearing the completion of construction work on its PHE G3-UHt waste-to-energy gasification system in Brisbane, Australia.
The core components of the system are non site and the final integration is now underway, the company said.
"We are ever more pleased with the outcomes each day. We expect to announce the completion of a successful and rigorous commissioning within the next 30 days. The component units are operating exactly as predicted and designed, and we are thrilled with the progress being made," said Executive Chairman Keith Allaun.
Shares in PowerHouse were up 9.5% to 1.78 pence on Monday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Powerhouse Ener (PHE)