PowerHouse Energy venture inks supply and sales deal with Cheshire recycling plant
Waste2Tricity will receive cut-price feedstock and in-turn it will sell discounted power back to the recycler.
Company
Powerhouse Energy Group PLC
LON:PHE
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. The company's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.
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"Our planned delivery programme for the UK is that DMG systems will be bought by partners and customers and located on host waste sites, with revenues for PowerHouse arising from sales and licences"
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