STOCK TITAN

Philux Global Energy Engages Thai Company to Provide Clean Geomagnetic Energy Solutions to Thai Industrial Zones to Improve Energy Efficiency, Eliminate Greenhouse Gas Emissions and Fight Climate Change

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

Philux Global Energy (PGE), a subsidiary of Philux Global Group (PHIL), has signed an MOU with Ecome International Co. (EIC) to distribute geomagnetic energy products in Thailand, initially focusing on industrial zones. PGE's technology utilizes Schumann magnetic resonance and lightning energy from the ionosphere, featuring a Multi-Impulse Energy System that operates independently of weather conditions, requires minimal space, and produces no greenhouse gas emissions.

The partnership aims to address Thailand's industrial power needs, where industrial electricity consumption under PEA and MEA reached 51,361 GWh (48.3%) and 7,533 GWh (19.6%) respectively in the first eight months of 2024. The solution promises reliable, uninterrupted power while significantly reducing costs and environmental impact.

Philux Global Energy (PGE), una sussidiaria di Philux Global Group (PHIL), ha firmato un memorandum d'intesa con Ecome International Co. (EIC) per distribuire prodotti di energia geomagnetica in Thailandia, concentrandosi inizialmente sulle zone industriali. La tecnologia di PGE utilizza la risonanza magnetica di Schumann e l'energia dei fulmini dall'ionosfera, presentando un Sistema di Energia Multi-Impatto che opera indipendentemente dalle condizioni meteorologiche, richiede poco spazio e non produce emissioni di gas serra.

La partnership mira a soddisfare le esigenze energetiche industriali della Thailandia, dove il consumo di elettricità industriale sotto PEA e MEA ha raggiunto rispettivamente 51.361 GWh (48,3%) e 7.533 GWh (19,6%) nei primi otto mesi del 2024. La soluzione promette un'energia affidabile e continua, riducendo significativamente i costi e l'impatto ambientale.

Philux Global Energy (PGE), una subsidiaria de Philux Global Group (PHIL), ha firmado un Memorando de Entendimiento con Ecome International Co. (EIC) para distribuir productos de energía geomagnética en Tailandia, centrándose inicialmente en las zonas industriales. La tecnología de PGE utiliza la resonancia magnética de Schumann y la energía de los rayos de la ionosfera, presentando un Sistema de Energía de Múltiples Impulsos que opera independientemente de las condiciones climáticas, requiere poco espacio y no produce emisiones de gases de efecto invernadero.

La asociación tiene como objetivo abordar las necesidades energéticas industriales de Tailandia, donde el consumo de electricidad industrial bajo PEA y MEA alcanzó 51.361 GWh (48,3%) y 7.533 GWh (19,6%) respectivamente en los primeros ocho meses de 2024. La solución promete un suministro de energía fiable y continuo, mientras se reducen significativamente los costes y el impacto ambiental.

Philux Global Energy (PGE)는 Philux Global Group (PHIL)의 자회사로, Ecome International Co. (EIC)와 함께 태국에서 산업 구역을 중심으로 지자기 에너지 제품을 유통하기 위한 양해각서를 체결했습니다. PGE의 기술은 슈만 자기 공명과 이온층에서 발생하는 번개 에너지를 활용하며, 날씨에 관계없이 작동하는 다중 임펄스 에너지 시스템을 특징으로 하며, 최소한의 공간을 요구하고 온실가스 배출을 하지 않습니다.

이번 파트너십은 태국의 산업 전력 수요를 해결하는 것을 목표로 하며, 2024년 첫 8개월 동안 PEA와 MEA의 산업 전기 소비는 각각 51,361 GWh (48.3%)와 7,533 GWh (19.6%)에 달했습니다. 이 솔루션은 신뢰할 수 있고 중단 없는 전력을 제공하면서 비용과 환경 영향을 크게 줄일 것을 약속합니다.

Philux Global Energy (PGE), une filiale de Philux Global Group (PHIL), a signé un protocole d'accord avec Ecome International Co. (EIC) pour distribuer des produits d'énergie géomagnétique en Thaïlande, en se concentrant initialement sur les zones industrielles. La technologie de PGE utilise la résonance magnétique de Schumann et l'énergie des éclairs provenant de l'ionosphère, avec un système d'énergie multi-impulsions qui fonctionne indépendamment des conditions météorologiques, nécessite peu d'espace et ne produit aucune émission de gaz à effet de serre.

Ce partenariat vise à répondre aux besoins énergétiques industriels de la Thaïlande, où la consommation d'électricité industrielle sous PEA et MEA a atteint respectivement 51 361 GWh (48,3 %) et 7 533 GWh (19,6 %) au cours des huit premiers mois de 2024. La solution promet une énergie fiable et ininterrompue tout en réduisant considérablement les coûts et l'impact environnemental.

Philux Global Energy (PGE), eine Tochtergesellschaft der Philux Global Group (PHIL), hat eine Absichtserklärung mit Ecome International Co. (EIC) unterzeichnet, um geomagnetische Energieprodukte in Thailand zu vertreiben, wobei der Schwerpunkt zunächst auf Industriegebieten liegt. Die Technologie von PGE nutzt die Schumann-Magnetresonanz und die Blitzenergie aus der Ionosphäre und verfügt über ein Multi-Impulse-Energiesystem, das unabhängig von Wetterbedingungen arbeitet, nur wenig Platz benötigt und keine Treibhausgasemissionen erzeugt.

Die Partnerschaft zielt darauf ab, den industriellen Energiebedarf Thailands zu decken, wo der Stromverbrauch in der Industrie unter PEA und MEA in den ersten acht Monaten des Jahres 2024 51.361 GWh (48,3%) bzw. 7.533 GWh (19,6%) betrug. Die Lösung verspricht zuverlässige, ununterbrochene Energie und gleichzeitig eine erhebliche Senkung der Kosten und der Umweltbelastung.

Positive
  • None.
Negative
  • None.

New York, Nov. 15, 2024 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.comPHIL), is pleased to announce that Philux Global Energy, Inc. (“PGE”), a subsidiary of the Company, website https://philuxge.com/ and Ecome International Co., Ltd, (“EIC”), a Thai company in DonMuang District, Bangkok, Thailand, have signed a Memorandum of Understanding to grant EIC a non-exclusive right to sell and distribute geomagnetic energy products manufactured, produced, or sold by Philux Global Energy in the Kingdom of Thailand. Initially EIC will primarily focus on providing Philux Global Energy’s geomagnetic energy products to Thai industrial zones.

PGE’s core technologies will include Schumann magnetic resonance, utilizing energy from lightning in the ionosphere, storage in the natural atmosphere as Energy Storage Systems (ESS), acceleration of Muon particles (subatomic particles) in the module, taking advantage of wave nodes and wave troughs in the process of transmitting energy in the form of multi-frequency impulses.

The distinctive advantages of this “Multi-Impulse Energy System” include: 1) not depending on weather conditions, 2) does not require much land and/or water surface, 3) no need for large space, easy to transport, 4) electromagnetic compatibility with living organisms and humans, no harm effects to the health of humans, livestock, pets, or vegetation, 5) no waste or greenhouse gas emissions, 6) no heat generation, 7) no noise generation, 8) easy know-how protection with quantum encryptions, 9) easy to set up virtual power plants by using proprietary modules to coordinate output synchronously, 10) easy to establish wireless power transmission systems with huge capacity without heat loss at close range, suitable setup for two-way recharging for electric cars.

Philux Global Energy plans to provide these "pure energy" solutions to support the energy transition in sectors ranging from electric vehicles to aerospace, aiming to cut dependency on traditional fuel sources while contributing to climate action goals. Our approach leverages proprietary technology to provide scalable energy options that remain unaffected by weather and environmental limitations, promising a low-impact energy source suitable for various industrial needs.

Thailand has a well-developed network of at least ten key industrial zones, which play a crucial role in supporting its economy, particularly in manufacturing, export, and foreign investment. The zones offer advantages like tax incentives, advanced infrastructure, and proximity to ports and logistics hubs, making them attractive for local and international businesses.

Power generation is critical for Thailand's industrial zones, as these areas require a stable, high-capacity energy supply to support extensive manufacturing, logistics, and processing activities. Industrial zones, especially in manufacturing-heavy areas like the Eastern Economic Corridor (EEC) and petrochemical zones like Map Ta Phut, require continuous and substantial energy to support operations in energy-intensive sectors such as automotive, petrochemicals, electronics, and heavy machinery. Reliable, uninterrupted power is essential to avoid costly downtime. Many industries require backup power solutions or additional on-site generation capacity to ensure stable operations.

The electricity consumption for Thai industrial zones can vary significantly based on the size of the zone, the type of industries present, and the specific activities undertaken. As of the latest data, Thailand's overall energy consumption has been on the rise, with industrial sectors accounting for a considerable portion of total electricity use. Total industrial electricity consumptions under the Provincial Electricity Authority (PEA) and Metropolitan Electricity Authority (MEA) for the first eight months of 2024 amounted to 51,361 GWh (48.3%) and 7,533 GWh (19.6%), respectively.

Mr. Somwang Kamolaekkrungruang, Chairman and Chief Executive Officer of Ecome International Co., stated: “We are glad to cooperate with Philux Global Energy to bring better solutions to the energy needs of Thai industrial sector. We will not only be able to provide reliable, uninterrupted power but also save very significant costs and greatly contribute to the reduction of greenhouse gas emissions to effectively fight climate change.”

Henry Fahman, Chairman and Chief Executive Officer of Philux Global Group, Inc., reiterated : “We are pleased to partner with Ecome International Co. and look forward to providing superior solutions to the power generation needs of Thai industrial zones. We strongly believe that our cooperation will create tremendous long-term benefits for both companies as well as for our shareholders, investors and all other stakeholders.”

About Philux Global Energy, Inc.

Philux Global Energy, Inc., is a Wyoming corporation and currently wholly-owned subsidiary of Philux Global Group, Inc., website https://philuxge.com/, set up to hold equity interests in energy-related acquisitions and partnerships, especially to develop and commercialize renewable energy products using geomagnetic energy technology and photon self-sustainable energy technology.

The Company has signed two separate agreements, one with SSE Group JSC to cooperate in the areas of energy efficiency and mitigation of global greenhouse gas (GHG) emissions by commercializing SSE Global Group ’s photon self-sustainable energy technology and another one with an inventor to produce generators and engines (for spaceships, airplanes, ships, cars, trains, motorcycles, etc.) using the earth’s available geomagnetic energy. The company is in the process of launching products in the U.S. markets.

About PHI Group
(n/k/a Philux Global Group, Inc.)

PHI Group (n/k/a Philux Global Group Inc., www.philuxglobal.comPHIL) primarily focuses on developing the Asia Diamond Exchange (“ADE”) in conjunction with the proposed International Financial Center in Vietnam and the “Multi-Impulse Energy System” to provide superior solutions to improve energy efficiency, reduce greenhouse gas emissions and fight climate change. The Company also advances its Philux Global Funds SCA, SICAV-RAIF, engages in mergers and acquisitions and invests in attractive businesses and select special situations with large, growing market potential that may generate extraordinary long-term shareholder value.

Safe Harbor Act and Forward-looking Statements

This news release contains “forward-looking statements” pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.

Contact:

Philux Global Group Inc., (f/k/a PHI Group, Inc.)
Email: info@philuxglobal.com
Phone: +1-714-793-9227


FAQ

What is the purpose of the MOU between Philux Global Energy and Ecome International Co?

The MOU grants Ecome International Co. non-exclusive rights to sell and distribute Philux Global Energy's geomagnetic energy products in Thailand, primarily focusing on Thai industrial zones.

What are the key features of PHIL's Multi-Impulse Energy System?

The system operates independently of weather conditions, requires minimal space, produces no greenhouse gases or noise, is electromagnetically compatible with living organisms, and enables wireless power transmission with quantum encryption protection.

How much industrial electricity was consumed in Thailand under PEA in 2024?

According to the press release, industrial electricity consumption under the Provincial Electricity Authority (PEA) amounted to 51,361 GWh (48.3%) in the first eight months of 2024.

What technology does Philux Global Energy use for power generation?

Philux Global Energy uses Schumann magnetic resonance technology, utilizing energy from lightning in the ionosphere, storage in natural atmosphere, and acceleration of Muon particles in a multi-frequency impulse system.

PHI GROUP, INC

OTC:PHIL

PHIL Rankings

PHIL Latest News

PHIL Stock Data

4.69M
46.39B
1.03%
0.04%
Capital Markets
Financial Services
Link
United States of America
Huntington Beach