Previous Collaboration RNS25 Aug 2019 12:07
Hi Stokey, I enclose details of the RNS from June 17 which may now be OBE /RNS updates.
PowerHouse Energy Group Plc
(“PowerHouse”, or the “Company”)
PHE Collaboration Agreement of up to £500,000
PowerHouse Energy Group Plc (AIM: PHE), the company focused on ultra high temperature gasification waste to energy systems, and the creation of Distributed Modular Gasification© (DMG), is delighted to announce a collaboration agreement with a UK partner involved in the development of energy and waste projects.
Subject to achieving certain performance milestones of the G3-UHt demonstration unit sited at Thornton Science Park and to entering into an option to lease land to site the units, the partner has committed two tranches of funding of up to £500,000 in aggregate to meet the cost of preparing and funding applications for planning permission and environmental permits of the initial demonstration unit and first five PHE Waste-to-Energy G3-UHt systems.
The agreement will require PowerHouse to supply five systems at locations of the partners' choosing on a prioritised basis, based upon the completion of UK Certifications and demonstration of the G3-UHt unit in active operation.