logo-loader

PowerHouse Energy jigsaw is coming together

Last updated: 07:57 18 Mar 2024 GMT, First published: 09:56 03 Jun 2020 BST

Snapshot

  • Powerhouse arm lands key deal with South Wales innovator
  • Powerhouse calls for change to Low Carbon Hydrogen rules of entry
  • Powerhouse Energy says landmark deal with National Hydrogen of Australia is a game changer
Powerhouse Energy Group PLC -

About the company

Powerhouse Energy Group PLC is a leader in low-cost, high-efficiency, energy recovery processes in the waste management sector.

The company has developed a process technology which can utilise waste plastic, end-of-life-tyres and other waste streams to convert them efficiently and economically into syngas from which valuable products such as chemical precursors, hydrogen, electricity, heat and other industrial products may be derived.

Powerhouse Energy's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

How it is doing

18 Mar 2024

Waste-to-power specialist Powerhouse Energy Group PLC (AIM:PHE) has announced its subsidiary, Engsolve, has been appointed by TrimTabs, an innovator in carbon nanotube production, to construct and install its first production train.

This collaboration marks a significant step towards the commercial-scale manufacturing of carbon nanotubes using waste plastic.

Engsolve's selection for this project was based on its proven expertise in scaling pilot operations to industrial size, a critical factor for South Wales-based TrimTabs as it aims to transition its carbon nanotube production from concept to commercial reality.

The production unit, designed to operate on a modest 15 kW of electrical energy, is capable of producing substantial quantities of nanotubes, sufficient to supply hundreds of batteries.

11 Mar 2024

Powerhouse Energy and Hydrogen Utopia have agreed on terms for the joint development of a non-recyclable plastic waste-to-hydrogen facility site at Longford, Republic of Ireland.

Work had been paused on the project in October while the two companies assessed their options, but an agreement to move forward has now been reached.

22 Feb 2024

Shares in Powerhouse Energy Group PLC (AIM:PHE) surged by 56% following the announcement of a groundbreaking five-year framework agreement with National Hydrogen of Australia.

This deal marks a significant expansion for Powerhouse, as it could see its cutting-edge waste-to-energy technology deployed in Australia, Italy, Switzerland, and Hong Kong.

Insight: Powerhouse calls for change to Low Carbon Hydrogen rules of entry

07 Dec 2023

Powerhouse Energy Group PLC (AIM:PHE) is one British company that could be poised to benefit from a global hydrogen push. 

In an exclusive interview, its chief executive Paul Emmitt told Proactive that he plans to produce hydrogen made from waste sources commercially as early as 2026, as Powerhouse moves to scale up capacity. 

What management says

27 Feb 2024

Powerhouse Energy Group PLC (AIM:PHE) CEO Paul Emmitt tells Proactive's Stephen Gunnion that a five-year framework agreement with National Hydrogen of Australia is a significant milestone for the company and an endorsement of its proprietary waste-to-energy technology.

Emmitt said the two companies have collaborated on feasibility and engineering assessments over the past two and a half years, with intense due diligence conducted on the technology. This collaboration has led to the technology being shortlisted by a major Japanese entity, further validating Powerhouse Energy's solutions.

The agreement, initially expected to cover projects in Australia, has expanded to include Hong Kong, Italy, and Switzerland, thanks to undisclosed partnering entities. This deal is notable for requiring no upfront funding from Powerhouse Energy; instead, it operates on a fully funded front-end engineering design model that transitions into a licensing and royalty agreement. This shift significantly reduces financial burdens on Powerhouse and secures its involvement throughout project development and execution phases.

Powerhouse Energy says landmark deal with National Hydrogen of Australia is...

Powerhouse Energy Group PLC (AIM:PHE) CEO Paul Emmitt tells Proactive's Stephen Gunnion that a five-year framework agreement with National Hydrogen of Australia is a significant milestone for the company and an endorsement of its proprietary waste-to-energy technology. Emmitt said the two...

3 weeks ago