REG - Powerhouse Energy Gp - Japanese Patent Grant Confirmed

Powerhouse EnergyAnnouncement

11/11/2024 07:00

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RNS Number : 6158L  Powerhouse Energy Group PLC  11 November 2024

 

11 November 2024

 

Powerhouse Energy Group Plc

 ("PHE" or the "Company")

 

Japanese Patent Grant Confirmed

 

Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy with a
revenue generating engineering consulting division (Engsolve), is pleased to
announce that it has been notified by the Japanese Patent Office that the
Company's Japanese Patent 7577260, "Method and Apparatus for the Treatment of
Waste Material", was granted on 8 November 2024.

 

The patent is in relation to protection around the control of the heating of
the waste within the Thermal Conversion Chamber ("TCC") over several zones to
allow the optimum synthesis gas (syngas) to be produced. This allows the
temperature profile in the TCC to be adjusted to give the optimal syngas
composition. The TCC is the main thermal chamber or kiln where the conversion
of the waste feedstock to a syngas takes place.

 

This Japanese patent is the first PHE patent to be granted outside of the
UK/Europe and is  an important step for the Company. PHE continues
discussions with several potential clients, from a diverse range
of industries and sectors as well as geographies, each of which requires a
solution for their waste and are seeking to reduce reliance on virgin fossil
fuels.

 

PHE looks forward to progressing its other patent applications within the UK,
Europe and the rest of the world.

 

Paul Emmitt, Chief Executive Officer of PHE, commented:

"I am delighted that this patent has been granted. This is the third patent we
have been granted and provides significant protection for the technology that
differentiates PHE from others in the waste-to-energy sector; whilst also
being the first patent granted to us outside of the UK / Europe. I look
forward to providing further updates in due course."

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018, as amended. The
information is disclosed in accordance with the Company's obligations under
Article 17 of the UK MAR. Upon the publication of this announcement, this
inside information is now considered to be in the public domain.

 

For more information, contact:

 

Powerhouse Energy Group Plc

Paul Emmitt, CEO
                                            +44 (0) 203
368 6399

 

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Harris / Rob Patrick
                                +44 (0) 207 409
3494

 

SP Angel Corporate Finance LLP (Broker)

Stuart Gledhill / Adam Cowl
                                  +44 (0) 20 3470 0470

 

Tavistock (Financial PR)

Simon Hudson / Nick Elwes / Saskia Sizen
                                +44 (0) 207 920
3150

powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 

 

About Powerhouse Energy Group Plc

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. PHE's process produces low levels of safe residues and
requires a small operating footprint, making it suitable for deployment at
enterprise and community level.

 

PHE also incorporates Engsolve Ltd, which is a revenue generating business
offering Engineering Services across all sectors, with speciality services in
the development of new technologies and clean energy.

 

For more information see www.phegroup.com (http://www.phegroup.com)

 

 

 

 

END

 

 

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