RE: The waiting list for DMG's is growing10 Jul 2019 10:26
Powerhouse Energy Group PLC
10 July 2019
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
10(th) July 2019
Japan Ministry of Economy Trade and Industry strongly endorses DMG Technology
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic, is pleased to receive a letter of support from the Japanese Ministry of Economy Trade and Industry (METI).
The formal letter follows many months of engagement and review of the DMG Technology. The letter includes commendation from the Ministry that they consider the DMG as having many environmental advantages, and they view it as a major competitor within the low-cost production of hydrogen and incredible value to the promotion of energy transition and decarbonisation process around the world.
Powerhouse Energy looks forward to the future development of opportunities arising from this positive engagement in Japan, but notes there is no immediate commercial benefit from this letter of support.