Powerhouse Energy Group signed a binding exclusivity agreement to deploy their clean energy technology in Poland, Greece and Hungary. 

The agreement with Hydrogen Utopia International PLC (HUI) grants the company an exclusive non-transferable license for the application of the technology, which recycles plastic and waste into valuable clean energy products.

Under the PGH Exclusivity Agreement, HUI will pay Powerhouse a further €325,000 by the end of 2021, when the formal intellectual property license for the DMG technology is anticipated to have been granted to HUI, with a further €300,000 to be paid 12 months later.

In addition, Powerhouse will continue to receive a license fee for any DMG plant which becomes operational in any location in the world. Consequently, the Company’s worldwide rights to ongoing licensing fees for the DMG technology are unaffected by the PGH Exclusivity Agreement.

On August 18, the company submitted a planning application to West Dunbartonshire Council for the UK’s second waste plastic-to-hydrogen facility.

Based at Rothesay Dock on the north bank of the River Clyde the £20 MM facility will take non-recyclable plastics, destined for landfill, incineration or export overseas, and use them to create a local source of sustainable hydrogen. The hydrogen will be used as a clean fuel for buses, cars and HGVs, with plans for a linked hydrogen refueling station on the site.

The 13,500 t facility will use technology developed by Powerhouse, after plans for a similar facility at Peel NRE’s Protos site in Cheshire were approved in 2019. 

"We’re a long way from removing all plastic from society and, while the priority should be on reducing, reusing and recycling what we can, there will still be some end of life plastics that need managing," Richard Barker, Development Director at Peel NRE, said. "The Powerhouse technology not only enables us to deal with this material on our shores, it also produces hydrogen which can be used as a clean vehicle fuel, helping to reduce carbon emissions associated with diesel fuel and improve local air quality. As we head towards COP26 in Glasgow, this is a great example of how the UK is innovating in net zero and delivering pioneering technologies that can be used the world over."