The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Regulatory News (PHE)

Share Price Information for Powerhouse Ener (PHE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.025
Bid: 0.95
Ask: 1.10
Change: 0.00 (0.00%)
Spread: 0.15 (15.789%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1.025
PHE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Project Development Partner : Commercial Update

13 Apr 2018 07:00

RNS Number : 7976K
Powerhouse Energy Group PLC
13 April 2018
 

RNS Reach

PowerHouse Energy Group, plc

("PowerHouse" or "the Company)

  

Waste2tricity Press Release

 

PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and end-of-life tyres, notes the Marketing Initiative Press Release announced by Waste2tricity Limited yesterday concerning PowerHouse's proprietary technology, DMG® and DMG-Core, the link to the announcement is here: http://waste2tricity.com/dl/Waste2Tricity-offers-solution-to-plastic-waste.pdf

 

The release contains forward looking statements which, while PowerHouse believes to be materially correct and appropriately indicative, are not necessarily reflective of future market conditions, or of any contract terms that may be entered into in the future. Waste2tricity Ltd, PowerHouse's Project Development partner, is in active discussions with a number of potential partners and customers of the DMG-Core System but there are currently no agreements concluded or certainty they will be. 

 

Highlights of the announcement include:

 

Waste2tricity, Ltd offers solution to plastic waste using DMG®-CORE

 

· Launch of the DMG®-CORE system supplied by PowerHouse Energy to address market for current waste fuel producers, plastic processors and energy-from-waste operators

· Based on the PowerHouse Energy proprietary technology

· Assisting operators unrecyclable plastics

· DMG®-CORE will be supplied with a construction completion risk-wrap and process warranty from a major EPC company

· Process will be capable of later expansion to hydrogen production

· An expectation that PowerHouse systems would likely be funded and operated under an SPV model with end users in which the Company participates and would also receive a license fee.

 

About PowerHouse Energy

PowerHouse Energy has developed proprietary process technology called DMG® which takes plastic and rubber waste streams and converts them into cost efficient energy in the form of electricity and ultra clean hydrogen gas fuel for use in cars and commercial vehicles (FCEV: Fuel Cell Electric Vehicles) and other industrial uses. The PowerHouse technology is the world's first proven hydrogen from waste (HfW) process.

 

The PowerHouse process converts 25 tonne of plastic or rubber waste into 1 tonne H2 per day and 28 MWh per day of electricity.

 

The PHE 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. The Company is incorporated in the United Kingdom.

 

For more information see www.powerhouseenergy.net

 

For more information, contact:

PowerHouse Energy Group plcKeith Allaun, Chief Executive Officer

Tel: +44 (0) 203 368 6399

Turner Pope Investments Ltd (Broker)Andy Thacker

Tel: +44 (0) 203 621 4120

Gable Communications Limited

Justine James / John Bick

Tel: +44 (0) 20 7193 7463

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRADMGMDMZKGRZZ
Date   Source Headline
10th Oct 20127:24 amRNSPosting of Accounts - Replacement
10th Oct 20127:13 amRNSPosting of Accounts - Replacement
9th Oct 20125:38 pmRNSPosting of Accounts
9th Oct 20127:05 amPRNInterim Results
9th Oct 20127:00 amPRNFinal Results
31st Jul 20123:56 pmRNSTotal Voting Rights
13th Jul 20124:08 pmRNSBlocklisting Interim Review
19th Jun 20127:00 amRNSRe Agreement and Directorate changes
22nd May 20127:00 amRNSLegal Proceedings
8th May 20129:59 amRNSExpiry of Option
19th Apr 20123:56 pmRNSFurther re Suspension
12th Apr 201210:38 amRNSStatement re. Suspension
12th Apr 201210:30 amRNSSuspension - PowerHouse Energy Group plc
2nd Apr 20127:00 amRNSFurther re Extension of Option
13th Mar 20123:18 pmRNSStatement re Restructuring of US Operations
6th Mar 20127:00 amRNSDirectorate Change
1st Mar 20127:00 amRNSProposed acquisition of Pyromex
20th Feb 20121:11 pmRNSOperational Update
3rd Feb 201211:15 amRNSHolding(s) in Company
1st Feb 201212:34 pmRNSTotal Voting Rights
31st Jan 201212:36 pmRNSFurther re: Proposed acquisition of Pyromex
31st Jan 20128:20 amRNSHolding(s) in Company
10th Jan 20127:00 amRNSPyromex Receives Second Commercial Order
6th Jan 20127:00 amRNSFurther Re. Proposed acquisition of Pyromex
4th Jan 20125:36 pmRNSBlocklisting
3rd Jan 20127:00 amRNSFurther re Proposed acquisition of Pyromex Holding
30th Dec 201110:30 amRNSTotal Voting Rights
16th Dec 201112:06 pmRNSExercise of Warrants
4th Oct 20117:00 amRNSPayment and manufacturing milestones for Pyromex
30th Sep 20117:00 amRNSInterim Results
19th Sep 201111:19 amRNSResult of AGM
30th Aug 20113:42 pmRNSDisclosure of Dealings
25th Aug 201111:24 amRNSNotice of AGM
18th Aug 20118:46 amRNSDisclosure of dealings
3rd Aug 20117:00 amRNSProposed acquisition of Pyromex Holding, AG
1st Aug 20117:00 amRNSDirectorate Changes & Issue of Options
29th Jul 201112:37 pmRNSTotal Voting Rights
21st Jul 20111:10 pmRNSAppointment of private client broker in Australia
18th Jul 20115:28 pmRNSResult of AGM
13th Jul 20113:55 pmRNSIssue of Equity
30th Jun 20115:18 pmRNSTotal Voting Rights
29th Jun 20117:00 amRNSFirst Day of Dealings
27th Jun 20113:48 pmRNSResult of General Meeting
27th Jun 201110:54 amRNSFinal Results
6th Jun 20117:00 amRNSFurther re: Licence Discussions
16th May 20118:42 amRNSSchedule 1 update - Bidtimes plc
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

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.