Company update on G3-UHt System construction

RNS Number : 4084N

Powerhouse Energy Group PLC

18 May 2015

 



18 May 2015

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

 Company update on G3-UHt System construction

Further to the announcement on 30 April 2015, PowerHouse announces that the newly engineered PHE G3-UHt waste-to-energy gasification system, under development in Brisbane, Australia, is nearing completion of construction.  The core components of the system (ultra-high temperature reactor, gas clean-up, feed system, electrical generation, PLC controls) are now on site and final integration is underway.  Commissioning of the various components is being carried out concurrently in an effort to remain on track for full operation and demonstration of the system within the next 30 days.  This 'test-as-we-go' approach, while slightly more time-consuming, has been shown to greatly reduce the time necessary for final commissioning.

Keith Allaun, Executive Chairman of Powerhouse commented "We are ever more pleased with the outcomes each day.  We expect to announce the completion of a successful and rigorous commissioning within the next 30 days. The component units are operating exactly as predicted and designed, and we are thrilled with the progress being made."

For additional information please contact:                                                                                    

PowerHouse Energy Group plc

Keith Allaun                                                                                                [phone]

Allenby Capital Limited (Nominated Adviser and Broker)

Nick Harriss/David Hart                                                                                [phone]

 

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