PowerHouse Energy Group plc
(“PowerHouse” or the “Company”)
Completion of G3-UHt Testing Program
PowerHouse Energy Group, plc is pleased to announce the completion of its system-wide testing program for the G3-UHt Unit in Brisbane, Australia.
“This is a significant milestone for the Company, “ said Keith Allaun, Executive Chairman of PowerHouse. “We’ve been stress-testing all components of the G3, in a discrete and focused manner, over the past several months. Based upon our most recent operation of the complete system, we’ve reached the point that we can declare the successful conclusion of our formal testing program.”
The PowerHouse Energy Group ultra-high temperature gasification reactor testing program has utilized feedstock which has included both shredded plastic and tyre crumble, and has successfully cycled the system repeatedly. The nominal 1-3 tonne per day (TPD) G3 unit has continued to operate as designed; gasifying the feedstock at temperatures above 1100 degrees Centigrade, generating synthesis gas (syngas), and cleaning and cooling the syngas, which can then be used for electrical generation or other fuel creation.
Concurrent with the testing of the G3, the company has completed the initial design and engineering plans of 100 TPD gasification modules, allowing for the easy bundling of the modules into 400 TPD systems. Designed to operate in-line with each other, expansion of the systems is a linear step-function that enables the PowerHouse technology to be rolled-out into existing commercial Transfer Station and Land-Fill operations. This modular design can substantially expand the commercial opportunities for PowerHouse.
“The rigorous process that the team has just completed, coupled with the engineering data that has been captured, has put us in a position to begin progressing commercial discussions with a number of parties over the next several months,” stated Allaun.
The new G3 system will be permanently housed in a transportable container for shipment to sites throughout the world for on-site operation, demonstration, and data collection purposes. Once installed into its in-situ operational container, and prior to shipment to prospective sites, additional third-party engineering validation will occur, and other feedstocks will be tested.
As earlier announced, the Company is beginning recruitment efforts to expand its commercial team in both the UK and in Australia.
|PowerHouse Energy Group plc||+1 352 359 0911|
|Keith Allaun, Executive Chairman|
|WH Ireland Limited (Nominated Adviser)||+44 (0) 207 220 1666|
|James Joyce / James Bavister|
|Vicarage Capital Limited (Joint Broker)||+44 (0) 203 651 2910|