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powerhouse-energy-signs-distribution-agreement-for-hydrogen-bus-projects-in-bulgaria-and-romania
powerhouse-energy-signs-distribution-agreement-for-hydrogen-bus-projects-in-bulgaria-and-romania

PowerHouse Energy signs distribution agreement for hydrogen bus projects in Bulgaria and Romania

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PowerHouse Energy Group has signed its first international distribution agreement for its proprietary DMG® hydrogen (H2) from waste (HfW) process targeting the supply into hydrogen bus projects in Bulgaria and Romania.

The UK technology company pioneering H2 production from waste plastic and end-of-life tyres has negotiated a three-way binding agreement with Waste2tricity and Tresoil to seek deployments of H2 buses fuelled by PowerHouse’s DMG technology in partnership with Wrightbus, a bus manufacturer of zero emission H2 buses.

Bus operators in Romania and Bulgaria are actively seeking to replace aging fleets of highly polluting public transport buses, with the region encouraged by the EU to deploy low carbon alternatives. Tresoil is a well established company in Bucharest and has been involved in seeking grants for alternative energy projects and is considered a leading specialist in this area.

This agreement is in line with the PowerHouse’s’s strategy to identify commercially viable opportunities for sales of DMG units, with various EU funding initiatives supporting decarbonising transport including grants for H2 bus and potential grants for the capital required to deploy PowerHouse’s DMG system. The virtuous circle of destroying mixed plastics and producing carbon neutral H2 and electricity falls into many categories that may be eligible for both grants and soft loans in this region and will support the desire and willingness of the local municipalities to improve the environment for their populations.

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