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Renewables & cleantech

Powerhouse Energy appoints Tim Yeo as non-executive director

Tim Yeo, a former Shadow Secretary of State for Trade, is currently the chairman of the New Nuclear Watch Institute

Powerhouse Energy Group PLC (LON: PHE) said it has appointed Tim Yeo as a non-executive director with immediate effect.

Yeo, a former Shadow Secretary of State for Trade, is currently the chairman of the New Nuclear Watch Institute, Honorary Ambassador of Foreign Investment Promotion for South Korea and since 2007 has been a non-executive director of the operator of the Channel Tunnel, Getlink SE. He has also been a director of Waste2Tricity Limited which Powerhouse completed the acquisition of on June 26.

In a statement, Cameron Davies, chairman of PowerHouse, said: “Tim’s background and experience is strongly aligned with our strategic vision and will undoubtedly be of real value as we see our DMG technology become a first of a kind commercial reality at Protos in Cheshire.”

Yeo added: “Our technology is capable of both producing affordable clean hydrogen and addressing the global problem of plastic waste. It will thereby deliver two important environmental benefits simultaneously.”

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