First page3 Jun 2018 14:33
owerHouse is still at the pre-commercial revenue stage, but management expects to have a commercial version of the DMG system available early in 2018, with the first revenue-generating installations operational later in the year. PowerHouse intends to adopt a build-own-operate (BOO) model, most probably partnering with third parties that will provide capital to fund the system construction in return for a share of revenue. PowerHouse has recently agreed heads of terms to locate the first commercial DMG system at a Peel Environmental site at Ellesmere Port.