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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
11th Jun 20197:00 amRNSDMG® ready to solve exported plastic waste crisis
9th May 20197:00 amPRNDeveloper W2T Sign Power Agreement
17th Apr 20197:00 amPRNFirst Revenue Contract for PowerHouse Energy
10th Apr 20197:00 amPRNLease agreed for hydrogen development site
9th Apr 201911:35 amPRNAmendment: Issue of Equity & Director/PDMR Shareholding
27th Mar 20197:00 amPRNIssue of Equity and Director/PDMR Shareholding
15th Feb 20197:00 amPRNOperational Update
1st Feb 20197:00 amPRNChange of Directorate
31st Dec 201811:37 amRNSAmended:Waste2Tricity Report in The Sunday Express
31st Dec 20187:38 amPRNWaste2Tricity Report in The Sunday Examiner
18th Dec 20185:44 pmPRNHolding in Company
3rd Dec 20187:00 amPRNPlacing and Issue of Equity
26th Nov 201811:05 amRNSSecond Price Monitoring Extn
26th Nov 201811:00 amRNSPrice Monitoring Extension
26th Nov 20187:00 amPRNDiscussions with Toyota Tsusho Corporation
20th Nov 20187:30 amRNSAlign Research Updates Coverage on PowerHouse
18th Oct 20189:10 amPRNOperational Update
18th Oct 20187:00 amPRNDirector/PDMR Shareholding
17th Oct 20182:36 pmPRNDirector/PDMR Shareholding and Issue of Equity
17th Oct 20187:00 amPRNSuccessful independent technology assessment by DNV GL
15th Oct 20184:20 pmPRNIssue of Equity
28th Sep 201810:06 amPRNInterim Results
19th Sep 20187:30 amRNSResponse to BBC Presentation
9th Aug 20187:00 amPRNDirector/PDMR Shareholding
8th Aug 201811:10 amPRNIssue of Equity
6th Aug 20187:00 amPRNHolding(s) in Company
3rd Aug 201811:40 amPRNShares in Issue
1st Aug 20182:05 pmRNSSecond Price Monitoring Extn
1st Aug 20182:00 pmRNSPrice Monitoring Extension
27th Jul 201812:39 pmPRNResult of AGM
27th Jul 201810:55 amPRNAGM Statement
6th Jul 201810:39 amPRNCorrection: Placing and Issue of Equity
6th Jul 20189:45 amPRNReplacement : Placing and Issue of Equity
6th Jul 20187:30 amPRNPlacing and Issue of Equity
4th Jul 20182:09 pmPRNNotice of AGM
2nd Jul 20182:49 pmPRNStatement re press comments
29th Jun 20189:45 amPRNAudited results for the year ended 31 December 2017
19th Jun 20187:00 amPRNPowerHouse connects to microgrid
11th Jun 20187:00 amRNSPowerHouse CEO on The Future of Plastic
8th Jun 20184:35 pmRNSPrice Monitoring Extension
6th Jun 20182:49 pmPRNClarification regarding Thornton Science Park
18th May 20187:00 amPRNIssue of Equity
26th Apr 20185:20 pmPRNHolding(s) in Company
23rd Apr 201812:37 pmPRNClarification - Equity Placings
23rd Apr 201811:00 amRNSPrice Monitoring Extension
18th Apr 201812:10 pmPRNEquity Placings
17th Apr 20187:00 amPRNDistribution Agreement
13th Apr 20187:00 amRNSProject Development Partner : Commercial Update
10th Apr 20187:00 amRNSAppointment of Commercial Operations Manager
20th Mar 20182:05 pmRNSSecond Price Monitoring Extn

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