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Powerhouse Ener (PHE) Share News

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IN BRIEF: Powerhouse Energy secures outstanding Engsolve stake

22nd Jun 2023 11:36

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Acquires outstanding 52% stake of Engsolve Ltd for GBP572,000. Says the remaining shareholding was owned by two Powerhouse directors, Paul Emmitt and Richard Riddell. Back in 2021, Powerhouse had bought a 48% stake of Engsolve for a cash consideration of GBP99,990. Engsolve is a Bridgend, Wales-based engineering consultancy. Read More

TRADING UPDATES: Macfarlane buys A&G Holdings for GBP3.6 million

2nd May 2023 19:22

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: FireAngel signs with British Gas; Shanta pours gold

31st Mar 2023 16:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

Hydrogen Utopia and Powerhouse Energy partner on Ireland plant

21st Mar 2023 14:56

(Alliance News) - Hydrogen Utopia International PLC and Powerhouse Energy Group PLC on Tuesday said they have agreed heads of terms for the joint development of a non-recyclable plastic waste-to-hydrogen facility in Longford, Ireland. Read More

TRADING UPDATES: Powerhouse Energy hails lease for forthcoming centre

17th Mar 2023 20:15

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Powerhouse Energy shares rise on Petrofac services deal

22nd Feb 2023 12:02

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Enters framework services agreement with Petrofac Facilities Management Ltd, a subsidiary of Petrofac Ltd, for engineering design and supply chain development services. Will work on PHE's pipeline of projects, including the Plastics to Hydrogen project at Protos. Read More

Hydrogen Utopia International signs accord for Polish waste facility

23rd Jan 2023 12:13

(Alliance News) - Hydrogen Utopia International PLC on Monday said its wholly-owned Polish subsidiary Hydropolis United sp zoo signed a letter of intent with the city of Walbrzych in south-western Poland. Read More

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

14th Nov 2022 19:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Friday not separately reported by Alliance News: Read More

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

11th Nov 2022 15:24

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Powerhouse Energy says collaboration gets government funding

11th Nov 2022 13:28

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Says University of Manchester granted research funding for development and validation of a "potentially game-changing" hydrogen separation technique. New technique extracts hydrogen from synthesis gas produced by company's DMG process. DMG is a new type of Chemical Recycling, a form of advanced thermal conversion technology. Team of researchers at the university, led by Amir Keshmiri has receive government funding to work with company to undertake the project. Objective is to enable and encourage swifter adoption of local, cleaner, low carbon energy, addressing the growing unrecyclable waste issue while working within the existing waste hierarchy framework. Read More

UK shareholder meetings calendar - next 7 days

2nd Nov 2022 15:43

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IN BRIEF: Powerhouse Energy chief Keith Riley to step down as chair

18th Oct 2022 08:20

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Interim Chair & Acting Chief Executive Officer Keith Riley plans to step down but doesn't give an exact date for this. "I look forward to announcing the new additions to the board which we believe will not only significantly strengthen the board but also ensure that the company has the right expertise in place to take the business forward. Once in place, with the board's agreement, I propose to step down as interim chairman whilst maintaining an executive position on the board and to see PHE's technology into construction," he says on Thursday last week. Read More

TRADING UPDATES: Bradda wins drilling approval; Oakley invests in vLex

5th Sep 2022 18:25

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Powerhouse Energy narrows interim loss as posts lower costs

25th Aug 2022 12:08

(Alliance News) - Powerhouse Energy Group PLC on Thursday posted a narrowed interim loss as administrative expenses and cost of sales fell. Read More

IN BRIEF: Powerhouse Energy to build JV hydrogen facility in Poland

23rd Aug 2022 11:03

Powerhouse Energy Group PLC - Bingley, England-based hydrogen from waste plastic producer - Agrees terms with Hydrogen Utopia International PLC for the joint development of a non-recyclable waste plastic hydrogen facility at a site in Konin, Poland. Says it will contribute for development costs for the project with HUI on a 50:50 basis. Powerhouse Energy agrees to a fixed sum at EUR250,00 for any costs that HUI has incurred in developing the site, and the Konin project to date will be recognised as part of HUI's contribution to the development costs of the JV. Says HUI will also receive a premium of EUR250,000, bringing the total contribution from Powerhouse to HUI to EUR500,000. Read More

IN BRIEF: Powerhouse Energy CEO to resign after six months in role

15th Aug 2022 17:31

Powerhouse Energy Group PLC - Bingley, England-based hydrogen from waste plastic producer - Chief Executive Officer Paul Drennan-Dunrose to resign from his role with effect on August 31, as a personal decision. Read More

Hydrogen Utopia and Powerhouse Energy to form hydrogen joint venture

13th Jul 2022 09:31

(Alliance News) - Hydrogen Utopia International PLC and Powerhouse Energy Group PLC on Wednesday proposed a 50:50 joint venture for a waste plastic to hydrogen facility in Ireland's Tipperary. Read More

IN BRIEF: Powerhouse Energy significantly narrows loss in 2021

29th Jun 2022 12:11

Powerhouse Energy Group PLC - Bingley, England-based hydrogen from waste plastic producer - Posts sharply narrowed pretax loss in 2021 to GBP2 million from GBP16 million the previous year. In 2020 the company registered an impairment of goodwill of GBP14.2 million. Revenue seven times higher to GBP701,435 from GBP100,000 a year prior. Company says this increase was primarily due to engineering support works provided to the Protos SPV. Read More

IN BRIEF: Powerhouse Energy names Keith Riley as interim chair

27th Jun 2022 17:33

Powerhouse Energy Group PLC - Bradford, England-based hydrogen-from-waste plastic producer - Appoints Non-Executive Director Keith Riley as interim non-executive chair with immediate effect. Riley is the owner and chief executive officer of waste management consultancy company Vismundi Ltd, and previously held senior roles at Veolia Environmental Services PLC including group managing director for technology. Read More

IN BRIEF: Powerhouse Energy partner wins okay for hydrogen facility

9th Jun 2022 14:49

Powerhouse Energy Group PLC - Bradford, England-based hydrogen-from-waste plastic producer - Says UK channel partner Peel NRE, part of Manchester-based Peel L&P Holdings Ltd, wins approval for a hydrogen facility in Scotland. The GBP20 million 13,500 tonne facility at Rothesay Dock on river Clyde's north bank "will be the second site in the UK planning to use Powerhouse’s technology to turn waste plastic into hydrogen," Powerhouse explains. Read More

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