By Adam Clark

 

Powerhouse Energy Group PLC said Monday that one of its licensee companies is in talks with industrial gases-and-engineering company Linde PLC over a plant using Powerhouse's technology.

"Linde has finalised a technical feasibility evaluation to deploy the syngas clean-up and hydrogen extraction of Powerhouse Energy DMG® technology," the company said.

Powerhouse said its licensee company Hydrogen Utopia International PLC and Linde are in discussions to enter into an agreement to develop a plant in Poland which would use Powerhouse's technology. However, it cautioned there is no certainty of a deal being reached.

 

Write to Adam Clark at adam.clark@dowjones.com

 

(END) Dow Jones Newswires

September 06, 2021 02:40 ET (06:40 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Powerhouse Energy (LSE:PHE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Powerhouse Energy Charts.
Powerhouse Energy (LSE:PHE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Powerhouse Energy Charts.