19 June 2024
Powerhouse Energy Group
Plc
("PHE" or the "Company")
Delivery of Kiln to Technical
Centre
Powerhouse Energy Group
Plc (AIM: PHE), a company pioneering integrated technology
that converts non-recyclable waste into low carbon energy, in
conjunction with its revenue generating engineering consulting
division (Engsolve), is pleased to announce that the kiln (TCC -
Thermal Conversion Chamber) has now been delivered and is in-situ
at the Company's Bridgend Technical centre.
The kiln has been supplied by AGICO
Group of China and was delivered on schedule and on budget. The
kiln is the centre piece of the Feedstock Testing Unit (FTU) and
now allows the work to begin on the installation of the ancillary
equipment. The installation will be undertaken by Engsolve with
commissioning and testing being undertaken by the PHE R&D
team.
The FTU has been designed with the
capacity to transform 2.5 tonnes per day of waste into Syngas and
is a reduced size version of the proposed commercial process, with
the planned capability to produce around 250kW of electrical power
dependent upon feedstock, or approximately 200kg a day of hydrogen
when the required separation process is installed.
The FTU will initially be utilised
for R&D and investor / customer demonstrations, after which the
Company will evaluate commercial opportunities for the
process.
The target for the completion of the
installation and commissioning work remains within Q4
2024.
FTU Kiln
in PHE Bridgend Technical Centre
Paul Emmitt, CEO of PHE, commented:
"This is a huge milestone for Powerhouse and draws a line under our past vendor issues. The progress that
the Powerhouse Team as a whole (PHE and Engsolve) have made in the
last six months is exceptional. The progress on the technology
centre and the FTU means that we can not only return to our goal of
progressing our R&D activities, but this will provide us with a
showcase for our patented technology allowing us to drive forward
the rollout of our process."
|
For
more information, contact:
|
|
|
|
|
|
Powerhouse Energy Group Plc
Paul Emmitt
|
+44 (0) 203 368 6399
|
|
|
|
|
Strand Hanson Limited (Nominated & Financial
Adviser)
Ritchie Balmer
James Harris
Rob Patrick
|
+44 (0) 207 409 3494
|
|
|
|
|
Turner Pope Investments (TPI) Ltd (Broker)
Andrew Thacker
James Pope
|
+44 (0) 203 657 0050
|
|
|
|
|
Tavistock (Financial PR)
Simon Hudson
Nick Elwes
Saskia Sizen
|
powerhouse@tavistock.co.uk
|
About Powerhouse Energy Group plc
Powerhouse Energy has developed a
process technology which can utilise waste plastic,
end-of-life-tyres, and other waste streams to convert them
efficiently and economically into syngas from which valuable
products such as chemical precursors, hydrogen, electricity, heat
and other industrial products may be derived.
Powerhouse Energy's process produces
low levels of safe residues and requires a small operating
footprint, making it suitable for deployment at enterprise and
community level.
Powerhouse Energy Group also
incorporates Engsolve Ltd, which is a revenue generating business
who offer Engineering Services across all sectors with speciality
services in the development of new technologies and clean
energy.
Powerhouse Energy is quoted on the
London Stock Exchange's AIM Market under the ticker: PHE and is
incorporated in England and Wales.
For more information see
www.phegroup.com