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Completion of G3-UHt Testing Program

6 Sep 2016 07:00

POWERHOUSE ENERGY GROUP PLC - Completion of G3-UHt Testing Program

POWERHOUSE ENERGY GROUP PLC - Completion of G3-UHt Testing Program

PR Newswire

London, September 5

PowerHouse Energy Group plc

(“PowerHouse” or the “Company”)

Completion of G3-UHt Testing Program

PowerHouse Energy Group, plc is pleased to announce the completion of its system-wide testing program for the G3-UHt Unit in Brisbane, Australia.

“This is a significant milestone for the Company, “ said Keith Allaun, Executive Chairman of PowerHouse. “We’ve been stress-testing all components of the G3, in a discrete and focused manner, over the past several months. Based upon our most recent operation of the complete system, we’ve reached the point that we can declare the successful conclusion of our formal testing program.”

The PowerHouse Energy Group ultra-high temperature gasification reactor testing program has utilized feedstock which has included both shredded plastic and tyre crumble, and has successfully cycled the system repeatedly. The nominal 1-3 tonne per day (TPD) G3 unit has continued to operate as designed; gasifying the feedstock at temperatures above 1100 degrees Centigrade, generating synthesis gas (syngas), and cleaning and cooling the syngas, which can then be used for electrical generation or other fuel creation.

Concurrent with the testing of the G3, the company has completed the initial design and engineering plans of 100 TPD gasification modules, allowing for the easy bundling of the modules into 400 TPD systems. Designed to operate in-line with each other, expansion of the systems is a linear step-function that enables the PowerHouse technology to be rolled-out into existing commercial Transfer Station and Land-Fill operations. This modular design can substantially expand the commercial opportunities for PowerHouse.

“The rigorous process that the team has just completed, coupled with the engineering data that has been captured, has put us in a position to begin progressing commercial discussions with a number of parties over the next several months,” stated Allaun.

The new G3 system will be permanently housed in a transportable container for shipment to sites throughout the world for on-site operation, demonstration, and data collection purposes. Once installed into its in-situ operational container, and prior to shipment to prospective sites, additional third-party engineering validation will occur, and other feedstocks will be tested.

As earlier announced, the Company is beginning recruitment efforts to expand its commercial team in both the UK and in Australia.

Contacts:

PowerHouse Energy Group plc+1 352 359 0911
Keith Allaun, Executive Chairman
WH Ireland Limited (Nominated Adviser)+44 (0) 207 220 1666
James Joyce / James Bavister
Vicarage Capital Limited (Joint Broker)+44 (0) 203 651 2910
Jeremy Woodgate
Date   Source Headline
24th Feb 20177:00 amPRNSiting of G3-UHt Demonstration Unit
21st Feb 20177:00 amPRNAppointment of non-executive director
15th Feb 20178:07 amPRNPlacing, Loan Note Conversion and Repayment
14th Feb 20174:40 pmRNSSecond Price Monitoring Extn
14th Feb 20174:35 pmRNSPrice Monitoring Extension
6th Feb 20177:00 amPRNMOU with Peel Environmental
30th Jan 20177:00 amPRNIssue of Equity
26th Jan 20177:00 amPRNPHE G3-UHt Update
19th Jan 20177:00 amPRNAgreement to Issue of Equity
18th Jan 20177:00 amPRNAgreement with Project Development Consultant
6th Dec 201611:04 amPRNContainerisation of the G3-UHt Gasification System
4th Oct 20167:00 amRNSNew video showcasing G3-UHt unit in operation
21st Sep 20167:00 amPRNInterim results for the six months ended 30 June 2016
8th Sep 201612:17 pmPRNResults of Annual General Meeting
6th Sep 20167:00 amPRNCompletion of G3-UHt Testing Program
3rd Aug 20167:00 amPRNNotice of AGM
15th Jul 20167:00 amPRNIssue of Equity
12th Jul 20164:36 pmPRNHolding(s) in Company
5th Jul 20167:02 amPRNFinal Results - Replacement
30th Jun 20167:00 amPRNFinal Results
31st May 20164:31 pmPRNHolding(s) in Company
25th May 20167:05 amPRNHolding in the Company
25th May 20167:00 amPRNCommercial Cooperation Agreement
17th May 20167:00 amPRNDirectorate Change
5th May 20162:36 pmPRNIssue of Equity
3rd May 20167:30 amRNSRestoration - Powerhouse Energy Group Plc
29th Apr 20164:35 pmPRNAppointment of Nominated Adviser
28th Apr 20163:52 pmPRNCorporate and Operational Update
6th Apr 20167:00 amPRNUpdate on RenewMe and Suspension
1st Apr 20163:35 pmPRNResignation of Nomad and update on RenewMe
1st Apr 20163:30 pmRNSSuspension - Powerhouse Energy Group Plc
31st Mar 20165:00 pmPRNTotal Voting Rights
30th Mar 20167:00 amPRNUpdate on PHE G3 UHt System
22nd Mar 201611:52 amPRNHolding(s) in Company
22nd Mar 201611:28 amPRNHolding(s) in Company
9th Mar 20164:16 pmPRNHolding(s) in Company
3rd Mar 20163:13 pmPRNIssue of Equity
29th Feb 20165:00 pmPRNTotal Voting Rights
23rd Feb 20162:43 pmPRNIssue of Equity
23rd Feb 201610:59 amPRNHolding in the Company
16th Feb 20164:48 pmPRNChange of Registered Office
16th Feb 20161:44 pmPRNHolding in the Company
12th Feb 201610:06 amPRNHolding(s) in Company
26th Jan 20167:00 amPRNIssue of Equity and Holding in the Company
4th Jan 20167:00 amPRNTotal Shares On Issue
9th Dec 20157:00 amPRNCircular Resolution to Issue New Shares
3rd Dec 20152:29 pmPRNResult of AGM & Shareholder Update
10th Nov 20157:00 amPRNNotice of AGM
9th Nov 20157:00 amPRNUpdate on PHE G3-UHt
30th Sep 20157:00 amRNSHalf Yearly Report

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