26th Jan 2017 09:33
LONDON (Alliance News) - PowerHouse Energy Group PLC on Thursday said its G3-UHt ultra-high temperature demonstration gasification system has left the harbour in Brisbane, Australia, and is heading toward its final destination over the next 50 days to the UK.
"The G3 system incorporates the latest advances in material technologies and electrical and thermal efficiencies to convert waste to energy. It is the company's flagship reactor and has been completely redesigned, re-engineered, and constructed for commercial roll-out," said PowerHouse.
"The company continues its discussions with a number of interested commercial parties for the siting of the G3 demonstration unit in a well-suited location including those that could be used as a commercial site," PowerHouse said.
PowerHouse shares were 15% higher on Thursday at 1.09 pence per share.
By Joshua Warner; [email protected]; @JoshAlliance
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