Brief history of PHE ( or not so)26 Nov 2025 14:59
It's quiet, and just to remind some 'newish' investors, how we got here.
1 April 11. (Yes, all fools day).. Bidtimes, a Renewable Energy Co, acquired PHE.
Aug '13. PHE acquired full control of Pyromex, the owner of a gasification system known as G3UHT ( Ultra High Temp)
Read RNS 9?8/13. One line of RNS states;
'. * The acquisition allows for the rapid commercialisation of the technology and early cash-flow with the first waste to energy units to be sold by Q1 2014.'
Pyromex had a 25tpd unit operating in Germany, and because of it's 'modular' design was relocated to a Recycling company, a few hundred metres away.
Dec '14, RNS;
Dec '14
PowerHouse is also pleased to announce that as part of the overall strategy of commercialising the Company's technology, and reflecting the high demand for evaluation of the synthesis gas generated by the UHTG process, three test units (with a nominal capacity of up to three tonnes per day) have been commissioned for deployment in Asia, Europe, and the United States. The first of these units will be demonstrated in Brisbane, Australia, in January of 2015, with the others being delivered during the first half of 2015.2016. A G3UHT 2.5tpd unit was built in Brisbane, Oz..
Jan '17. This unit was shipped to Thornton Science park, at Uni of Chester, for further 'testing'.
Feb '17, MOU with Peel for G3UHT ( now renamed DMG, Distributed Modular Generation)
Aug '17. Thornton S P. 50% H2 in Syngas from Tyre crumb.
Nov'17. FEED done for 25tpd DMG unit.
'17. Various MOU signed for DMG inc, Wright Buses ( Mfr of H2 powered vehicles)
June '20
As announced on 9 March 2020, Peel has signed an Option for UK exclusivity as developer of the Company’s DMG technology, subject to the successful completion of the acquisition of W2T by PowerHouse, and completion of this Exclusivity. Under this arrangement, the Company will licence its technology to the developer in return for the annual licence fee of £500,000 on each commercial project developed. PHE also gave Peel exclusivity on Building the FOAK DMG. Yes, that is true. Put the future of DMG in UK in hands of a 3rd Party Property Developer.
May '23. PHE acquires the entire shareholding of Protos Plastics to H2 ( The SPV company). Thus ending relationship with Peel.
June ;23 Acquired Engsolve.
Oct '23 moved to Bridgend.
Over the years various MOU, Framework Agreements signed.
Present time. No orders received for DMG. FEED done by Engsolve for DMG for H2 Utopia in Oz.
Company states many 'enquiries for DMG.