Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

1.00p
   
  • Change Today:
    -0.025p
  • 52 Week High: 1.16
  • 52 Week Low: 0.25
  • Currency: UK Pounds
  • Shares Issued: 4,165.41m
  • Volume: 7,015,370
  • Market Cap: £41.65m

PowerHouse moves G3 unit to Thornton Science Park

By Josh White

Date: Thursday 04 May 2017

LONDON (ShareCast) - (ShareCast News) - Ultra high temperature gasification waste to energy systems provider PowerHouse Energy Group announced on Thursday that it had now moved its G3-UHt unit to Unit 99 at the Thornton Science Park, operated by the University of Chester.
The AIM-traded firm said the relocation of the G3-UHt unit followed the successful first phase of re-commissioning which recently delivered the production of synthesis gas.

As it had previously announced, PowerHouse secured a two-year lease of a purpose built emission laboratory, together with offices, at Thornton Science Park, which would provide both testing capabilities and a base to showcase its technology to potential customers.

Thornton Science Park was described by the company as a "major" research and innovation hub, and was formerly the Shell Technology Centre.

"The relocation of the G3-UHt unit to Thornton Science Park Unit 99 will serve the company well as we continue the development of its automation processes at this new facility," said executive chairman Keith Allaun.

"We look forward to demonstrating the technology of the G3-UHt unit to interested parties and the public over the coming months, as we begin our journey to commercial success."

Allaun said distributed 'Modular Gasification' was a highly disruptive philosophy, and one that would change the waste-to-energy market "significantly".

"We foresee Unit 99 being the hub of tremendous activity and innovation for the future of PowerHouse."

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PHE Market Data

Currency UK Pounds
Share Price 1.00p
Change Today -0.025p
% Change -2.44 %
52 Week High 1.16
52 Week Low 0.25
Volume 7,015,370
Shares Issued 4,165.41m
Market Cap £41.65m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
45.90% above the market average45.90% above the market average45.90% above the market average45.90% above the market average45.90% above the market average
38.37% above the sector average38.37% above the sector average38.37% above the sector average38.37% above the sector average38.37% above the sector average
Income Not Available
Growth
3% below the market average3% below the market average3% below the market average3% below the market average3% below the market average
1.96% below the sector average1.96% below the sector average1.96% below the sector average1.96% below the sector average1.96% below the sector average

PHE Dividends

No dividends found

Trades for 15-May-2024

Time Volume / Share Price
16:35 808,218 @ 1.00p
16:35 100,000 @ 1.00p
16:35 457,290 @ 1.00p
16:35 6,125 @ 1.00p
16:35 244,803 @ 1.00p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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