PowerHouse Energy Group Signs Distribution Agreement for Hydrogen Bus Projects in Bulgaria and Romania
Key Ideas
  • PowerHouse Energy Group plc announces an international distribution agreement for its DMG® hydrogen from waste process targeting hydrogen bus projects in Bulgaria and Romania.
  • The agreement involves a partnership with Tresoil Biofuels SRL and Waste2tricity to supply DMG® technology into hydrogen bus projects, focusing on reducing pollution in the region.
  • Bus operators in Bulgaria and Romania are seeking low carbon alternatives, aligning with EU directives, and the partnership aims to offer a cost-effective solution with grant support for decarbonizing transport.
  • The CEOs of PowerHouse and Tresoil express enthusiasm for the agreement, highlighting the environmental benefits and the potential to comply with EU standards for reducing pollutants and particulates.
PowerHouse Energy Group plc has secured its first international distribution agreement for its DMG® hydrogen from waste process, targeting hydrogen bus projects in Bulgaria and Romania. The agreement involves partnerships with Tresoil Biofuels SRL and Waste2tricity, with a focus on providing a cost-effective turnkey solution through Wrightbus, a leading bus manufacturer of zero-emission hydrogen buses. The aim is to help bus operators in the region replace aging fleets with low carbon alternatives, in line with EU directives to reduce pollution. The agreement includes plans for Tresoil to apply for grants, integrate with end-users, and establish Special Purchase Vehicles to facilitate the deployment of hydrogen buses fueled by PowerHouse's DMG technology. This initiative aligns with the company's strategy to identify commercially viable opportunities for DMG unit sales, leveraging EU funding initiatives for decarbonizing transport. The CEOs of PowerHouse and Tresoil expressed optimism about the agreement and the potential to address environmental challenges in Bulgaria and Romania. They highlighted the compatibility of PHE technology with the region's goals of reducing pollutants and particulates, emphasizing the importance of deploying hydrogen buses to improve the environment for local populations. With a focus on grant support and economic viability, the partnership aims to offer an attractive solution with a positive environmental impact.
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