LONDON (ShareCast) - (ShareCast News) - Powerhouse Energy's shares rose over 10% after it stating its G3-UHt ultra-high temperature gasification demonstration unit has been delivered to its initial recommissioning site near Manchester.
"Work will begin immediately on the recommissioning of the cornerstone of PowerHouse Energy's Distributed Modular Gasification system," said the company.

It had appointed engineering firm Engsolve Ltd to assist in both the recommissioning and the complete and thorough engineering validation of the unit's capabilities.

Thereafter, Powerhouse said the unit would be delivered to the Thornton Science Park of The University of Chester. There is would be located for demonstration purposes.

At 10:32 GMT, shares in Powerhouse were up 10.81% to 1.02p each.

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