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Pin to quick picksPowerhouse Ener Regulatory News (PHE)

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Endorsement from Japanese Ministry of Economy

10 Jul 2019 09:15

RNS Number : 0774F
Powerhouse Energy Group PLC
10 July 2019
 

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

10th 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.

 

For more information, contact:

 

PowerHouse Energy Group plc

Tel: +44 (0) 203 368 6399

David Ryan, Chief Executive Officer

WH Ireland Limited (Nominated Adviser)

Tel: +44 (0) 207 220 1666

James Joyce / Chris Savidge

Turner Pope Investments Ltd (Joint Broker)

Tel: +44 (0) 203 621 4120

Ben Turner / James Pope

Ikon Associates(Media enquiries)

Tel: +44 (0) 1483 271291

Adrian Shaw

Mob: +44 (0) 7979 900733

 

About PowerHouse Energy Group plc

PowerHouse has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. The PowerHouse technology is one of the world's first proven, modular, hydrogen from waste (HfW) process.

 

The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 58MW/h of exportable electricity per day.

 

The PowerHouse process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

PowerHouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE and is incorporated in the United Kingdom.

 

For more information see www.powerhouseenergy.net

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
29th Jun 20217:00 amPRNDNV Validation of Enhanced DMG Designs
25th Jun 20217:00 amPRNAppointment of Chief Technical Officer
11th Jun 20217:00 amRNSSWECO to support Powerhouse technology in Poland
3rd Jun 20217:00 amPRNProject update
1st Jun 20217:00 amPRNSecond UK site for Powerhouse technology
12th May 20217:00 amPRNLoan Facility to Protos Project SPV
10th May 202111:05 amRNSSecond Price Monitoring Extn
10th May 202111:00 amRNSPrice Monitoring Extension
10th May 20217:00 amPRNExclusivity agreement - technology in Greece and Hungary
27th Apr 20217:00 amPRNDirectors' Dealings
16th Apr 20217:00 amPRNDirectorate Change
13th Apr 20214:06 pmPRNIssue of Equity
29th Mar 20217:00 amPRNDirector/PDMR Shareholding
23rd Mar 20217:00 amPRNProgress update
19th Mar 20217:09 amPRNPlacing of shares
15th Mar 20214:59 pmPRNDirector's dealings and issue of equity
2nd Mar 20217:00 amPRNIssue of equity and director's shareholding
25th Feb 20212:56 pmPRNDirector/PDMR Shareholding
23rd Feb 202111:05 amRNSSecond Price Monitoring Extn
23rd Feb 202111:00 amRNSPrice Monitoring Extension
19th Feb 202111:31 amPRNIssue of Equity and Director's Dealings
16th Feb 20217:00 amPRNDirector/PDMR Shareholding
5th Feb 20212:08 pmPRNIssue of Equity
21st Jan 202110:44 amPRNIssue of Equity
19th Jan 20217:00 amRNSInvestor Presentation
15th Jan 20215:17 pmPRNHolding(s) in Company
14th Jan 20217:00 amPRNPlacing and issue of equity
5th Jan 20219:05 amRNSSecond Price Monitoring Extn
5th Jan 20219:00 amRNSPrice Monitoring Extension
30th Dec 20207:00 amRNSPowerhouse Energy establishes ESG Committee
29th Dec 20209:05 amRNSSecond Price Monitoring Extn
29th Dec 20209:00 amRNSPrice Monitoring Extension
29th Dec 20207:00 amPRNDealing by PDMR
23rd Dec 20209:05 amRNSSecond Price Monitoring Extn
23rd Dec 20209:00 amRNSPrice Monitoring Extension
23rd Dec 20207:00 amPRNStatement re Share Price Movement
22nd Dec 20204:41 pmRNSSecond Price Monitoring Extn
22nd Dec 20204:36 pmRNSPrice Monitoring Extension
22nd Dec 202011:00 amRNSPrice Monitoring Extension
22nd Dec 20209:05 amRNSSecond Price Monitoring Extn
22nd Dec 20209:00 amRNSPrice Monitoring Extension
18th Dec 20207:00 amPRNDirectorate Change
17th Dec 20207:00 amPRNOperational progress update
4th Dec 202010:00 amPRNDirector/PDMR Shareholding
20th Nov 20203:11 pmPRNDirectorate Changes
12th Nov 20207:00 amPRNHeads of Terms agreed for licence of DMG technology
10th Nov 202010:03 amRNSImage of Facility to Commercialise DMG Technology
28th Oct 20204:40 pmRNSSecond Price Monitoring Extn
28th Oct 20204:35 pmRNSPrice Monitoring Extension
23rd Oct 20207:00 amPRNDirectorate Change

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