Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 1.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.00
  • 52 Week Low: 0.25
  • Currency: UK Pounds
  • Shares Issued: 4,196.65m
  • Volume: 4,859,479
  • Market Cap: £46.16m

Powerhouse upbeat on plans for another waste-to-hydrogen facility

By Josh White

Date: Tuesday 01 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Waste-to-hydrogen company Powerhouse Energy Group announced on Tuesday that Peel NRE, part of Peel L&P, is planning to develop its second waste plastic-to-hydrogen facility using Powerhouse technology, at the Rothesay Dock on the north bank of the River Clyde, West Dunbartonshire.
The AIM-traded firm said the 13,500 tonne facility would be the second in the UK to use its 'DMG' technology.

It said the first project saw plans for a similar facility at Peel NRE's Protos site in Cheshire approved in 2019.

"We are delighted Powerhouse technology is to be deployed in Scotland, helping the region improve air quality and provide a solution to end-of-life plastic," said executive chairman Tim Yeo.

"This new facility will play an important role in supporting the objective of both Holyrood and Westminster to make hydrogen a key element of Scotland's decarbonisation strategy."

Yeo said the company "welcomed" plans to co-locate a re-fuelling station at the site, which he said would help increase uptake of hydrogen fuel in the region and add to Scotland's growing hydrogen economy.

"All eyes are on Scotland ahead of the important COP26 meeting in Glasgow later this year, so we are delighted our pioneering, clean energy technology will help put Scotland on the path to net zero."

At 1318 BST, shares in Powerhouse Energy Group were up 5.93% at 6.25p.

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PHE Market Data

Currency UK Pounds
Share Price 1.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.00
52 Week Low 0.25
Volume 4,859,479
Shares Issued 4,196.65m
Market Cap £46.16m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average49.14% below the market average
67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average67.38% below the sector average
Price Trend
55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average55.30% above the market average
50.94% above the sector average50.94% above the sector average50.94% above the sector average50.94% above the sector average50.94% above the sector average
Income Not Available
Growth
29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average29.65% below the market average
30.74% below the sector average30.74% below the sector average30.74% below the sector average30.74% below the sector average30.74% below the sector average

PHE Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:23 123,207 @ 1.13p
15:16 121,326 @ 1.03p
14:20 26,000 @ 1.09p
14:17 1,090,153 @ 1.10p
14:10 43,774 @ 1.03p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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