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 en route to delivering 99.999% pure hydrogen

By Ikaba Koyi

Date: Monday 23 Oct 2017

LONDON (ShareCast) - (ShareCast News) - PowerHouse Energy Group, focused on ultra-on high temperature waste-to-hydrogen and waste-to-energy systems, and the creator of Distributed Modular Gasification (DMG), said several multi-national suppliers' equipment had been shown to achieve the delivery of 99.999% pure hydrogen when used with DMG.
Linked to the above, and based on the results derived from independent third-party laboratory analysis which was then forwarded to one of its suppliers, that firm had agreed to provide its proprietary small-scale Pressure Swing Adsorption (PSA) equipment to produce "road-fuel quality" hydrogen.

That was, however, conditional on minor engineering detail and finalisation of commercial arrangements.

Keith Allaun, chief executive officer of Powerhouse, said the confirmation would help accelerate the company's commercial discussions with industrial transportation and other hydrogen road-fuel users.

"Achieving this confirmation was a pre-requisite for PowerHouse to accelerate its commercial discussions with industrial transportation and other hydrogen road-fuel users. It is a key component of our commercial plan - and l within our stated budget - and further underscores our intention to become one of the first waste-to-hydrogen road-fuel companies.

"Our successfully demonstrated and tested DMG technology - for the conversion of waste plastic, end-of-life tyres, and other industrial and municipal waste materials - is the enabling mechanism that we believe will allow the roll out of distributed hydrogen production and carbon-neutral hydrogen refueling stations in the UK and in a number of countries around the world."



Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

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

Top of Page