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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
12th May 20119:46 amRNSFurther re: licence discussions
3rd May 20118:57 amRNSSch 1 update - Bidtimes plc
20th Apr 201112:53 pmRNSLicence Discussions
12th Apr 201111:14 amRNSSchedule 1 - Bidtimes plc
8th Apr 20112:25 pmRNSAmendment to Warrant exercise price
1st Apr 20117:30 amRNSProposed acquisition of PowerHouse Energy, Inc.
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22nd Mar 20113:30 pmRNSStatement re. Suspension
22nd Mar 20113:30 pmRNSSuspension - Bidtimes Plc
30th Sep 20104:36 pmRNSHalf Yearly Report
27th Jul 201010:41 amRNSResult of AGM
12th Jul 20107:00 amRNSAdviser - change of name
21st Jun 20107:00 amRNSFinal Results
16th Feb 201010:55 amRNSChange of accounting reference date
1st Feb 201011:04 amRNSDirectorate Change
1st Feb 20107:00 amRNSChange of Adviser
16th Dec 20094:15 pmRNSInvesting Policy Update
21st Sep 200910:53 amRNSResult of AGM
28th Aug 200912:46 pmRNSAnnual Financial Report
28th Aug 20097:00 amRNSFinal Results
12th Mar 20097:00 amRNSExploration Activities Update
28th Nov 20087:00 amRNSInterim Results
23rd Jul 200811:38 amRNSDirector/PDMR Shareholding
22nd Jul 20083:54 pmRNSDirector/PDMR Shareholding
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1st Jul 20087:01 amRNSResult of AGM
1st Jul 20087:00 amRNSRestoration - Bidtimes plc
1st Jul 20087:00 amRNSResult of EGM
9th Jun 200812:11 pmRNSAnnual Report and Accounts
6th Jun 20081:10 pmRNSFinal Results
6th Jun 200812:59 pmRNSRevision of Investment Strate
23rd May 200810:28 amRNSChange of Adviser
13th May 20083:22 pmRNSHolding(s) in Company
10th Dec 20077:00 amRNSStatement re. Suspension
10th Dec 20077:00 amRNSSuspension - Bidtimes plc
27th Nov 20077:00 amPRNHalf-yearly Report
15th Oct 20074:26 pmPRNResult of AGM
19th Sep 200710:49 amPRNHolding(s) in Company
10th Sep 200712:38 pmPRNHolding(s) in Company
30th Aug 20077:01 amRNSAdrian Collins Chairman
29th Aug 20073:58 pmPRNFinal Results
10th Aug 20073:40 pmPRNAIM Rule 26
8th Aug 20073:34 pmPRNHolding(s) in Company
23rd Jul 20074:21 pmPRNDisposal
13th Jul 200712:52 pmPRNDirector Declaration
26th Jun 200712:57 pmPRNResult of EGM
25th May 20077:00 amPRNProposed sale of investment property
23rd Apr 200710:14 amPRNHolding(s) in Company
19th Apr 200711:03 amPRNDirector Declaration
16th Apr 200712:33 pmPRNHolding(s) in Company

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