Powerhouse Energy Group PLC Appointment of Deputy Chairman
28 Agosto 2020 - 9:16AM
RNS Non-Regulatory
TIDMPHE
Powerhouse Energy Group PLC
28 August 2020
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
28 August 2020
Appointment of Deputy Chairman
Powerhouse Energy Group plc (AIM: PHE), the UK technology
company pioneering hydrogen production from waste plastic,
announces that Tim Yeo, non-executive director of the Company, has
been appointed as deputy chairman with immediate effect.
Commenting on his appointment, Tim Yeo said: " I welcome this
opportunity to work more closely with my colleagues on the
Powerhouse board, in the wider Powerhouse team and with our valued
partners at Peel Environmental, as we prepare to roll out our DMG
technology."
ENDS
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203
368 6399
David Ryan, Chief Executive
Officer
WH Ireland Limited (Nominated Tel: +44 (0) 207
Adviser) 220 1666
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd Tel: +44 (0) 203
(Joint Broker) 657 0050
Andrew Thacker / Zoe Alexander
Ikon Associates (Media enquiries) Tel: +44 (0) 1483
271291
Adrian Shaw Mob: +44 (0) 7979
900733
Notes for editors:
About Powerhouse Energy Group plc
Powerhouse has developed a proprietary process technology -
DMG(R) - which can utilise waste plastic, end-of-life-tyres, and
other waste streams to efficiently and economically convert them
into syngas from which valuable products such as chemical
precursors, hydrogen, electricity and other industrial products may
be derived. The Powerhouse technology is one of the world's first
proven, modular, hydrogen from waste (HfW) process.
The Powerhouse DMG(R) process can generate up to 2 tonnes of
road-fuel quality H2, and more than 58MWh of exportable electricity
per day.
The Powerhouse process produces low levels of safe residues and
requires a small operating footprint, making it suitable for
deployment at enterprise and community level. As announced on 11th
February 2020 under its Supplemental Agreement with Peel
Environmental, Powerhouse will receive an annual license fee of
GBP500,000 in respect of each project which is commissioned.
Powerhouse is quoted on the London Stock Exchange's AIM Market
under the ticker: PHE, and is incorporated in the United Kingdom
.
For more information see www.powerhouseenergy.net
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END
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(END) Dow Jones Newswires
August 28, 2020 10:16 ET (14:16 GMT)
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