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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
20th Mar 20182:00 pmRNSPrice Monitoring Extension
7th Mar 20187:00 amPRNShare Options Grants to Directors
2nd Mar 20187:00 amPRNProgress Update
27th Feb 20187:00 amPRNDirector/PDMR Shareholding
23rd Feb 20182:12 pmPRNDirector/PDMR Shareholding
20th Feb 20187:00 amPRNMemorandum of Understanding
12th Feb 20187:00 amPRNCorrection - Updated Corporate Presentation
9th Feb 20187:00 amPRNUpdated Corporate Presentation
6th Feb 201811:25 amPRNHolding(s) in Company
31st Jan 20183:56 pmPRNIssue of Equity
9th Jan 20187:00 amPRNFull Year Business Update
18th Dec 20177:00 amPRNHeads of Terms agreed for commercial DMG site
22nd Nov 20177:00 amPRNCompletion of Pre-FEED of Commercial DMG© System
23rd Oct 20177:00 amPRNProgress on advance towards hydrogen purification
20th Oct 20177:00 amRNSSuccessful demonstration of G3-UHT system
27th Sep 20177:00 amPRNInterim Results
26th Sep 201710:14 amRNSOpen days and technology demonstrations
25th Sep 20175:08 pmPRNHolding(s) in Company
20th Sep 20177:00 amPRNMOU for waste-to-hydrogen facilities in state of Qatar
31st Aug 20172:00 pmPRNIssue of Equity
24th Aug 20177:00 amPRNAppointment of Chairman and Completion of Fundraise
21st Aug 20177:00 amPRNExtended Trial Produces Over 50% hydrogen Syngas
9th Aug 20177:00 amPRNG3-UHt Demonstration Update
31st Jul 20177:00 amPRNSuccessful Production of Syngas
27th Jul 20171:06 pmRNSResult of AGM
27th Jul 20177:00 amRNSInitiation of Coverage by Align Research
17th Jul 20176:25 pmPRNNotification of Major Interest in Shares
10th Jul 20177:00 amRNSPowerHouse engagement via Vox Markets
6th Jul 20177:00 amRNSProactive Investors Broadcast
23rd Jun 20177:00 amRNSInvestor Event
21st Jun 20173:22 pmPRNIssue of Equity
16th Jun 20177:00 amPRNAnnual Financial Report
5th Jun 20177:00 amPRNCollaboration Agreement of up to £500,000
26th May 20172:48 pmPRNNotification of Major Holdings
26th May 20177:00 amPRNNew Advisory Panel Appointment
22nd May 20173:02 pmPRNDirectorate Change
22nd May 20177:24 amPRNNew Advisory Panel
4th May 20177:00 amPRNSiting of G3-UHT Unit
21st Apr 20177:00 amPRNSuccessful re-commissioning of G3-UHt unit
31st Mar 20177:00 amRNSInvestor Event
28th Mar 20177:00 amPRNAppointment of CFO and Corporate Presentation
27th Mar 20171:10 pmRNSUK Investor Show 1 April 2017
24th Mar 20177:00 amPRNUpdate on G3-UHt Gasification System
20th Mar 20177:00 amPRNRe Directorate
15th Mar 20177:00 amPRNIssue of Equity and General Update
6th Mar 20177:16 amPRNAFC Fuel Cell Order
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

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