LONDON (ShareCast) - (ShareCast News) - PowerHouse Energy updated the market on the movement of its G3-UHt ultra-high temperature demonstration gasification system on Friday, which was enroute from Australia to the UK, moving to its final transshipment point prior to its expected arrival in the UK in late March 2017.
The AIM-traded company said it had agreed with University of Chester to deploy its G3-UHt unit at its Thornton Science Park, adjacent to the newly constructed Energy Centre of the university.

It said it entered into a heads of terms with the university to take offices at Thornton Science Park to support the G3 Unit, and to allow potential customer and partner evaluation of the G3 system.

Working with Waste2tricity and Peel Environmental, PowerHouse added that it was negotiating a commercial relationship with University of Chester, which would allow it to both demonstrate its technology and connect to the facility's 'micro-grid' for the supplying of power to Thornton in situ.

As previously announced, PowerHouse also entered into a memorandum of understanding to negotiate the establishment of its first commercial facility at the Protos Energy Facility which is adjacent to the Science Park.

"This is a very important and exciting development for Thornton Science Park," said Thornton Science Park CEO Paul Vernon.

"We are delighted that PowerHouse are committed to becoming our first commercial tenant in the Energy Centre.

"It is a prime example of how the investment made to the Energy Centre is attracting new and innovative energy solutions to Thornton and Protos."

Keith Allaun, executive chairman of PowerHouse, said the company could not have envisaged a more ideal location for the siting of the G3-UHt, or a better relationship with University of Chester.

"Their commitment to advanced energy sciences, the enthusiasm of their welcome to their facility, and our intent to be the leader in Modular Distributed Gasification makes this feel like the right home for the demonstration unit," Allaun commented.

"We believe that Protos will be one of the most highly visible advanced and alternative energy facility ecosystem in the world and we're grateful to be in the conversation as a key contributor to this incredible partnership.

"We look forward to a long-standing, highly productive, relationship with University of Chester, Thornton, and Peel."

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