Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Regulatory News (PHE)

Share Price Information for Powerhouse Ener (PHE)

Share Price is delayed by 15 minutes
Get Live Data
0.21    0.00 (0.00%)
Bid:
0.20
Ask:
0.22
Spread: 0.02 (10.00%)
Market Cap: £10.76m
PHE Live PriceLast checked at - London Stock Exchange

Intraday Powerhouse Ener Share Chart

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
4th Feb 20227:00 amPRNDirectorate Changes
31st Jan 20227:00 amPRNAppointment of CEO
18th Jan 20227:05 amPRNAnnouncement regarding development partner, HUI
18th Jan 20227:00 amPRNDirectorate Change
10th Jan 20227:00 amRNSDevelopment partner, HUI, admitted to AQSE
6th Dec 202112:45 pmPRNIssue of Equity
30th Nov 20217:00 amPRNDevelopment partner signs letter of intent
15th Nov 20219:06 amRNSSecond Price Monitoring Extn
15th Nov 20219:00 amRNSPrice Monitoring Extension
12th Nov 202111:05 amRNSSecond Price Monitoring Extn
12th Nov 202111:00 amRNSPrice Monitoring Extension
12th Nov 20219:05 amRNSSecond Price Monitoring Extn
12th Nov 20219:00 amRNSPrice Monitoring Extension
12th Nov 20217:00 amPRNDevelopment partner update
1st Nov 20217:00 amPRNProject update
14th Oct 20214:41 pmRNSSecond Price Monitoring Extn
14th Oct 20214:36 pmRNSPrice Monitoring Extension
14th Oct 20212:05 pmRNSSecond Price Monitoring Extn
14th Oct 20212:00 pmRNSPrice Monitoring Extension
14th Oct 202111:06 amRNSSecond Price Monitoring Extn
14th Oct 202111:00 amRNSPrice Monitoring Extension
14th Oct 20219:06 amRNSSecond Price Monitoring Extn
14th Oct 20219:00 amRNSPrice Monitoring Extension
12th Oct 20217:00 amPRNDirectorate Change
7th Oct 20217:00 amPRNCollaboration agreement with HUI
4th Oct 202112:22 pmPRNIssue of Equity
28th Sep 20217:00 amRNSInterim results for six months ended 30 June 2021
27th Sep 20217:00 amPRNDirectorate Changes
14th Sep 20217:00 amRNSDevelopment partner update
3rd Sep 20212:00 pmRNSPrice Monitoring Extension
31st Aug 20217:00 amPRNExclusivity agreement signed with HUI
20th Aug 20213:11 pmPRNDirectorate Change
18th Aug 20217:00 amPRNPlans submitted for second UK Peel site
17th Aug 20219:15 amPRNIssue of Equity
12th Aug 202111:05 amRNSSecond Price Monitoring Extn
12th Aug 202111:00 amRNSPrice Monitoring Extension
12th Aug 20219:05 amRNSSecond Price Monitoring Extn
12th Aug 20219:00 amRNSPrice Monitoring Extension
12th Aug 20217:00 amPRNAcquisition of stake in Engsolve Limited
11th Aug 20214:41 pmRNSSecond Price Monitoring Extn
11th Aug 20214:36 pmRNSPrice Monitoring Extension
29th Jul 20214:41 pmRNSSecond Price Monitoring Extn
29th Jul 20214:35 pmRNSPrice Monitoring Extension
29th Jul 20213:14 pmPRNResult of AGM
29th Jul 20212:05 pmRNSSecond Price Monitoring Extn
29th Jul 20212:00 pmRNSPrice Monitoring Extension
29th Jul 202110:59 amPRNAGM Statement
19th Jul 202111:57 amPRNIssue of Equity
7th Jul 20217:00 amPRNNotice of AGM
2nd Jul 20217:08 amPRNDevelopment Partner Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.