REG - Powerhouse Energy Gp - Delivery of Kiln to Technical Centre

Powerhouse EnergyAnnouncement

19/06/2024 07:00

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RNS Number : 9339S  Powerhouse Energy Group PLC  19 June 2024

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                                +44 (0) 203 368 6399

 Paul Emmitt

 Strand Hanson Limited (Nominated & Financial Adviser)      +44 (0) 207 409 3494

 Ritchie Balmer

 James Harris

 Rob Patrick

 Turner Pope Investments (TPI) Ltd (Broker)                 +44 (0) 203 657 0050

 Andrew Thacker

 James Pope

 Tavistock (Financial PR)                                   powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 Simon Hudson

 Nick Elwes

 Saskia Sizen

 

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 (http://www.phegroup.com)

 

 

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