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Alan Green presents the investment case for Power Metal Resources #POW and EQTEC #EQT on StockBox Media Research Talks
Alan Green presents the investment case for Power Metal Resources #POW and EQTEC #EQT on StockBox Media Research Talks
Power Metal Resources #POW – Botswana Molopo Farms Complex – Environmental Management Plan Approval Received
Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to provide an update in respect of the Kalahari Key Mineral Exploration Pty Ltd (“Kalahari Key” or “KKME”) Molopo Farms Complex Project (the “Project” or “MFC Project”), which is targeting prospective massive nickel sulphide mineralisation in Botswana.
OWNERSHIP STRUCTURE – MOLOPO FARMS COMPLEX PROJECT
Power Metal has an 18.26% shareholding in Kalahari Key and has elected to earn in (“Earn-In”) to a 40% direct interest in the MFC Project by expending US$500,000 on exploration expenditure, notably target drilling, in 2020. On completion of the Earn-In, Power Metal will have an effective economic interest of 50.96% in the MFC Project.
ENVIRONMENTAL MANAGEMENT PLAN APPROVAL
Power Metal advises that Kalahari Key has received written confirmation from the Department of Environmental Affairs (“DEA”) in Botswana, that the Environmental Management Plan (“EMP”) submitted to the DEA has now been approved.
The EMP covers planned drilling operations at the MFC Project and represented the last formal regulatory step prior to commencement of drilling.
Kalahari Key is now finalising drilling plans and is looking to commence work as soon as possible.
CHIEF EXECUTIVE OFFICER’S COMMENTS
Paul Johnson, Chief Executive Officer of Power Metal Resources PLC, commented:
” The receipt of EMP approval is a major step forward for Kalahari Key and Power Metal. We have the funds reserved in a USD account to cover the cost of drilling and are working with Kalahari Key on finalising drill plans, with a view to mobilisation at the earliest opportunity.
“Power Metal has a diverse portfolio of interests, but undeniably the launch of a drill programme targeting prospective large-scale massive nickel sulphide mineralisation must be one the key moments in a junior exploration company’s life cycle.
“As part of the preparatory work Kalahari Key, and their geophysical consultants, have been completing the Audio Magneto-tellurics survey (“AMT Survey”) to further refine drill targets, which was announced recently. The AMT Survey is well advanced and the initial results in terms of target confirmation are positive.
“I look forward to providing further information with regard to the AMT Survey and drilling plans in the near future.”
COMPETENT PERSON STATEMENT
The technical information contained in this disclosure has been read and approved by Mr Nick O’Reilly (MSc, DIC, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules – Note for Mining and Oil & Gas Companies. Mr O’Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Power Metal Resources PLC to provide technical support.
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company’s obligations under Article 17 of those Regulations.
For further information please visit https://www.powermetalresources.com/ or contact:
| Power Metal Resources plc | |
| Paul Johnson (Chief Executive Officer) | +44 (0) 7766 465 617 |
| SP Angel Corporate Finance (Nomad and Joint Broker) | |
| Ewan Leggat/Charlie Bouverat | +44 (0) 20 3470 0470 |
| SI Capital Limited (Joint Broker) | |
| Nick Emerson | +44 (0) 1483 413 500 |
| First Equity Limited (Joint Broker) | |
| David Cockbill/Jason Robertson | +44 (0) 20 7330 1883 |
Notes to Editors:
Power Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company seeking a large scale metal discovery.
The Company has a global portfolio of project interests including precious metal exploration in North America and Australia together with base metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage drill ready prospects.
The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company’s position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.
Fish waste-based alternative to plastic wins Dyson Award
A biodegradable bioplastic made from red algae and waste products from the fishing industry has won the UK section of the 2019 James Dyson Award.
Created by Sussex University Graduate Lucy Hughes, MarinaTex is an alternative to the single-use plastics such as those used in sandwich packets.
BBC Click’s Lara Lewington reports in Video here.
A bio-plastic made of organic fish waste that would otherwise end up in landfill, with the potential to replace plastic in everyday packaging, has landed its UK graduate designer a James Dyson award.
Lucy Hughes, 23, a recent graduate in product design from the University of Sussex, sought to tackle the dual problems of environmentally harmful single-use plastics and inefficient waste streams by harnessing fish offcuts to create an eco-friendly plastic alternative.
Her solution, a biodegradable and compostable material called MarinaTex, can break down in a soil environment in four to six weeks and be disposed of through home food waste collections.
Hughes, from Twickenham, in south-west London, used red algae to bind proteins extracted from fish skins and scales, creating strong overlapping bonds in a translucent and flexible sheet material. Although it looks and feels like plastic, initial testing suggests it is stronger, safer and much more sustainable than its oil-based counterpart.
It is estimated people in the UK use 5m tonnes of plastic every year, nearly half of which is packaging. Only 51% of local authorities in England have separate food waste collections and even where recycling schemes are in place, the majority of bio and compostable plastics are not generally suited to existing waste treatment infrastructures.
An estimated 492,020 tonnes of fish waste are produced by the fish processing industry every year in the UK and it is considered a huge and inefficient waste stream with low commercial value.
Unwanted offcuts include offal, blood, crustacean and shellfish exoskeletons and fish skin and scales, all of which ends up in landfill or incineration. Through research carried out on the Sussex coast, Hughes found fish skins and scales were the most promising sources for the plastic alternative, due to their flexibility and strength-enabling proteins. A single Atlantic cod could generate the organic waste needed for 1,400 bags of MarinaTex, she found.
“Plastic is an amazing material, and as a result we have become too reliant on it as designers and engineers,” Hughes said. “It makes no sense to me that we’re using plastic, an incredibly durable material, for products that have a life cycle of less than a day. For me, MarinaTex represents a commitment to material innovation and selection by incorporating sustainable, local and circular values into design. As creators, we should not limit ourselves to designing to just form and function, but rather form, function and footprint.”
PowerHouse Energy (PHE) Placing and Issue of Equity
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres, is pleased to announce an equity fund raising by way of a placing of 130,000,000 Ordinary shares of 0.5p each in the Company (“Ordinary Shares”) at 0.5p per Ordinary Share (the “Placing Price”) to raise £650,000 before expenses.
PowerHouse has undertaken this placing to provide it with the capital to ensure the continuity and expansion of its commercial and engineering efforts for the foreseeable future.
This placing, was carried out exclusively by Turner Pope Investments, with the majority of their clients looking to take advantage of the EIS relief for which the Company has recently received HMRC advanced assurance, and that should be available on the newly issued shares.
In addition to the placing, a holder of PHE warrants has chosen to exercise those warrants at 0.5p which will provide the Company with an additional £50,000 of capital from the exercise. That holder has committed to hold the 10,000,000 Ordinary Shares arising from the exercise for a period of at least 18 months.
Keith Allaun, CEO of the Company, said: “With this money secured, we are confident that we will be able to achieve our on-going commercial objectives as well as expand our testing and engineering capability with new personnel and with newly acquired, highly-specialised, equipment. We also intend to further enhance our IP protection related to the DMG® System and EcoSynthesis Gas© production.”
Application will be made for the admission of 140,000,000 Ordinary Shares to trading on AIM and it is expected that this will occur on or around 10 December 2018. These shares will rank pari passu in all respects with the Company’s existing issued Ordinary Shares.
Subsequent to the issue of Ordinary Shares, the Company will have 1,856,431,621?Ordinary Shares in issue. PowerHouse has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
For more information, contact:
PowerHouse Energy Group plc
Keith Allaun, Chief Executive Officer
Tel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser)
James Joyce / Chris Viggor
Tel: +44 (0) 207 220 1666
Turner Pope Investments (TPI) Ltd (Sole Broker)
Andy Thacker
Tel: +44 (0) 203 621 4120
Ikon Associates (Media enquiries)
Adrian Shaw
Tel: +44 (0) 1483 271291
Mob: +44 (0) 7979 900733
About PowerHouse Energy
PowerHouse Energy 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 EcoSynthesis Gas© 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) processes.
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 28MW/h of exportable electricity per day with its low-carbon technology.
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
Powerhouse Energy (PHE) Discussions with Toyota Tsusho Corporation
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres and developer of the DMG® System is pleased to announce that it has received a formal invitation from Toyota Tsusho Corporation of Japan to engage in advanced commercial discussions regarding the PowerHouse DMG® technology.
This invitation has been made subsequent to an extensive review of the DMG® technology by Toyota Tsusho’s Chemical Business Development Division and subsequent to PHE having achieved its recent “Statement of Feasibility” by DNV-GL, a leading provider of technical assurance world-wide.
Following Toyota Tsusho’s review of the PHE Basic Engineering Package and the DNV-GL technical qualification process, PHE now welcome the news that Toyota Tusho have positively reviewed the DMG®technology and consider that DMG® and its application within Japan and Asia offers significant potential.
Mr. Takashi Torigoe, General Manager, Chemical Business Development stated:
“We have been reviewing Power House Energy’s DMG technology over the last few months and take great interest in it. We are excited and looking forward to a potential partnership in Japan and possibly worldwide.”
Discussions with Toyota Tsusho have been led by our UK Project Development Team, Waste2Tricity Ltd. with support from our technical team. It is expected that the next level of work for Toyota Tsusho by PHE will include further technical and commercial application engineering for the Toyota Tusho/W2T Project teams to secure regional early adopters to enhance the project pipeline in a variety of geographies.
Keith Allaun, CEO of PowerHouse commented:
“Whilst there can be no certainty these negotiations will result in a formal agreement, I’m extremely enthusiastic about this opportunity to explore how our DMG® technology can be exploited in Japan – an ideal market for our Systems.
“Toyota is taking a leading role globally in the use of hydrogen in transport and appears to recognise the value proposition that our distributed system has with it’s small foot-print, its efficiency, and its ability to deliver road-quality hydrogen, at a competitive price, as and when its needed.”
Toyota Tsusho is one of the 17 members of the Toyota Group. On its website, Toyota Tsusho is described, “As the Toyota Group’s sole general trading company, we gather information and promote the development of new business from a global perspective. As automotive professionals with unique capabilities and know-how, we strive to lead the Toyota Group in the challenge to develop the evolution of next-generation mobility to contribute to the development of both society and the Toyota Group.”
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Chris Viggor
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
PowerHouse Energy 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 EcoSynthesis gas 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) processes.
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 28MW/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
About Waste2tricity Ltd
Established in 2008, Waste2Tricity is a structured solutions provider to the energy-from-waste (EfW) sector, an industry supplying increasing amounts of electricity using feedstock diverted from landfill. Waste2Tricity works with clients and partners to develop, fund and support EfW deployment projects that use proven technology, are profitable and progressive. In the case of PHE these projects will use high temperature gasification and internal combustion engines to efficiently convert waste plastic to energy and in the future can produce hydrogen to support the growth of the hydrogen economy.
Powerhouse Energy #PHE – Operational Update
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres and developer of the DMG® System continues to seek additional commercialistion opportunities for its technology.
In conjunction with its Project Development Partner, Waste2Tricity, Ltd, PHE has met with 2 substantial waste suppliers to advance negotiations, supply detailed technical information, discuss detailed operational matters, and explore realistic deployment opportunities interfacing with existing installations. Both negotiations have the possibility to lead to multiple DMG® System deployments, however at this stage there is no assurance that either of these, or any other, negotiations that Waste2Tricity are engaged in on behalf of PHE will come to fruition.
PHE has also engaged with, and have provided significant technical detail to, a major UK-based, multi-national EPC (engineering, procurement, and construction) company to support Waste2Tricity’s negotiations on behalf of both itself, and PHE, to obtain a system “wrap” and guarantee on the first deployment of the DMG® System and that these negotiations are ongoing. However, as previously stated, these, and other negotiations, may not result in reaching a satisfactory commercial agreement.
Per our joint-development agreement of January 2017, PowerHouse Energy Group continues to support Waste2Tricity’s efforts in building a pipeline of commercially viable potential projects.
PowerHouse yesterday announced the successful receipt of the “Statement of Feasibility” from DNV-GL under the RP-A203 Technical Assessment protocol.
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Chris Viggor
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
PowerHouse Energy has developed a proprietary process technology called DMG® which can use waste plastic end-of-life-tyres and other waste streams to convert 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, modular hydrogen from waste (HfW) process.
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality hydrogen, and in excess of 28 mW/h of exportable electricity per day.
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
About Waste2tricity, Ltd
Established in 2008, Waste2Tricity is a structured solutions provider to the energy-from-waste (EfW) sector, an industry supplying increasing amounts of electricity using feedstock diverted from landfill. Waste2Tricity works with clients and partners to develop, fund and support EfW deployment projects that use proven technology, are profitable and progressive. In the case of PHE these projects will use high temperature thermal conversion and ultra-efficient gas engines to convert waste plastic to energy and in the future can produce hydrogen to support the growth of the hydrogen economy.
For more information see www.waste2tricity.com.
About DNV GL
Today DNV GL is a globally leading quality assurance and risk management company. With 100,000 customers across the maritime, oil and gas, energy, food and healthcare industries, as well as a range of other sectors, DNV GL helps companies to become safer, smarter and greener.
Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, our professionals are dedicated to helping our customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener.
In the power and renewables industry
DNV GL delivers world-renowned testing and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribution, smart grids, and sustainable energy use, as well as energy markets and regulations. Our experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply.
For more information see www.dnvgl.com
PowerHouse Energy Group #PHE CEO Keith Allaun discusses the DNV GLs Independent endorsement of its technology with Proactive London’s Andrew Scott
Keith Allaun, chairman of PowerHouse Energy Group PLC (LON:PHE), caught up with Proactive London’s Andrew Scott as the firm received an independent endorsement of its technology.
DNV GL, a global leader in technical assurance certification, conducted a review of PowerHouse’s proprietary full-scale commercial engineering design for the waste to power and waste to hydrogen technology processes known as DMG.
The end result was the issue of a “Statement of Feasibility” by DNV, which signifies that the consultant found no prohibitive obstacles under its technology qualification process.
Powerhouse Energy Group #PHE Director/PDMR Shareholding and Issue of Equity
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres, announces that Keith Allaun, CEO of the Company, has exercised 16,666,667 Share Options at an exercise price of 0.6p, for a cash consideration of £100,000.00 (“Option Shares”).
Application will be made for the admission of 16,666,667 Shares to trading on AIM and it is expected that this will occur on or around 26 October 2018. These shares will rank pari passu in all respects with the Company’s existing issued Ordinary Shares.
Following the acquisition of the Option Shares, Keith Allaun will hold 18,666,667 Ordinary Shares in the Company, which represents 1.09% of the Company’s enlarged issued ordinary share capital and voting rights. Mr. Allaun has made a written commitment to hold the newly issued shares for a minimum of 18 months.
Subsequent to the issue of Option Shares, the Company will have 1,716,431,621 Ordinary Shares in issue. PowerHouse has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Chris Viggor
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
PowerHouse Energy 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 EcoSynthesis gas 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) processes.
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 28MW/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.
Successful Independent Technology Assessment of PowerHouse Energy’s #PHE proprietary DMG® by leading certification authority DNV GL
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres is pleased to announce it has received an independent “Statement of Feasibility” for its proprietary full-scale commercial engineering design for the waste to power and waste to hydrogen technology processes known as DMG®.
This independent review of PowerHouse Energy’s technology was undertaken by DNV GL, a global leader in technical assurance certification. This Phase one of the Technology Qualification process, was built into PowerHouse Energy’s extensive engineering, safety and risk management programme which has taken several months to complete. The programme involved a robust and rigorous review of the engineering design, test data, process modelling and the equipment engineering design required for the commercial application of the DMG® technology.
The DNV GL Statement of Feasibility is issued by DNV GL when their Technology Assessment finds no prohibitive obstacles under the DNV GL Technology Qualification process RP-A203. PowerHouse Energy look forward to continued involvement with DNV GL to work through the RP-A203 process to finalise the Technology Qualification with our first commercial site as is customary.
The Statement of Feasibility reads: “The PowerHouse Energy Group’s DMG® Waste-to-Energy technology can convert 25 tonnes per day of feedstock comprising high calorific value waste materials.”
In relation to the outputs from the technology process it adds: “The produced energy-rich syngas can be combusted to produce power for distributed electrical generation. The DMG® technology allows for integrating a process for the co-production of high purity hydrogen (1 tonne per day) from a proportion of the syngas in addition to generating power.”
The benefits of the DMG® process listed include:
- Waste elimination with high levels of energy recovery
- Production of electrical power for distribution
- Ability to co-produce high purity hydrogen with electrical power
It also confirms that the modular design of the DMG® process complies with all current regulations and statutory requirements and also with availability and operational demands.
This third party endorsement of the generic commercial design and equipment is a major milestone in the planned technical development programme leading to a full-scale build.
This Statement of Feasibility represents a positive development for PowerHouse Energy and its shareholders as it confirms that the DMG® technology will thermally convert waste plastic and end of use tyres into high purity hydrogen and energy.
This underscores PowerHouse Energy’s technical credibility and should provide an additional level of reassurance to prospective customers, users, and development partners of the DMG® technology.
The DMG® modular process is a novel means of dealing with waste that can also establish the foundation for low-cost distributed road fuel quality hydrogen and locally distributed electricity.
David Ryan, Engineering Director of PowerHouse Energy, commented: “Gaining this Statement of Feasibility provides us with a key foundation in the engineering and risk mitigation programme giving us great confidence in the scale up and roll out of the technology. Furthermore, it provides our partners in the waste management industry with a key element of the independent technical assurance needed to finalise site application specific commercial agreements to utilise the DMG® technology to reduce the volumes of waste plastics sent to landfill.
Our expectations are that, with our planned engineering and risk management in place, the commercial operation our DMG® technology will exceed 1 tonne of hydrogen production and generate in excess of 2MW of electricity per DMG® unit and we should achieve full Certification against the DNV GL Technology Qualification process at our first site”
Keith Allaun, CEO of PowerHouse Energy, added:
“We sought this Technology Assessment of our engineering design by one of the world’s most highly respected evaluators of new technologies. DNV GL confirms both our technology design and the rigour of our engineering approach. Our team has worked relentlessly over the last 18 months to get the DMG®technology to its existing commercialisation phase.
“This independent assessment of our proprietary DMG® Technology adds further credibility to the considerable scope that exists for its commercial application globally in the many sectors where efficient and responsible use of non-recyclable and waste plastics and end of life tyres as well as the creation of clean energy has a role to play.
“We would not be here today without the efforts, patience, and forward-thinking of all of the stakeholders in PowerHouse: our team, our partners, and our shareholders. The Board looks forward to further progress as we drive forward with the commercialisation and licensing strategy.”
ENDS
For more information, contact:
| PowerHouse Energy Group plc Keith Allaun, Chief Executive Officer |
Tel: +44 (0) 203 368 6399 |
| WH Ireland Limited (Nominated Adviser) James Joyce / Chris Viggor |
Tel: +44 (0) 207 220 1666 |
| Turner Pope Investments Ltd (Joint Broker) Ben Turner / James Pope |
Tel: +44 (0) 203 621 4120 |
| Ikon Associates (Media enquiries) Adrian Shaw |
Tel: +44 (0) 1483 271291 Mob: +44 (0) 7979 900733 |
Notes for editors:
About PowerHouse Energy
PowerHouse Energy 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 EcoSynthesis gas 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 28MW/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
About DNV GL
Today DNV GL is a globally leading quality assurance and risk management company. With 100,000 customers across the maritime, oil and gas, energy, food and healthcare industries, as well as a range of other sectors, DNV GL helps companies to become safer, smarter and greener.
Driven by our purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, our professionals are dedicated to helping our customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener.
In the power and renewables industry
DNV GL delivers world-renowned testing and advisory services to the energy value chain including renewables and energy efficiency. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribution, smart grids, and sustainable energy use, as well as energy markets and regulations. Our experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply.
Brand CEO Alan Green talks Bacanora Lithium #BCN, Powerhouse Energy #PHE, Bluefield Solar Fund #BSIF & SciSys #SSY with Justin Waite on Vox Markets podcast.
Alan Green CEO of Brand Communications discusses Bacanora Lithium (BCN), Powerhouse Energy (PHE), Bluefield Solar Income Fund (BSIF) & Scisys (SSY) with Justin Waite on the Vox Markets podcast. The interview is 19 minutes 7 seconds in.
