Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 1.03p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.00p
  • 52 Week Low: 0.25p
  • Currency: UK Pounds
  • Shares Issued: 4,196.65m
  • Volume: 0
  • Market Cap: £43.23m

Powerhouse partner Peel planning Dunbartonshire plant

By Josh White

Date: Wednesday 18 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy announced on Wednesday that its partner Peel NRE has submitted a planning application to develop its second waste plastic-to-hydrogen facility, using Powerhouse technology, at the Rothesay Dock on the north bank of the River Clyde in West Dunbartonshire.
The AIM-traded firm said the 13,500 tonne facility would be the second in the UK to use the DMG' technology, developed by Powerhouse, after plans for a similar facility at Peel's Protos site in Cheshire were approved in 2019.

After consulting with the local community and stakeholders around the North Clyde site, Peel had submitted a planning application to West Dunbartonshire Council, the company confirmed.

"We welcome the submission of the planning application for a second site for our recycling technology which will transform plastics and waste into clean energy," said executive chairman Tim Yeo.

"We hope this pioneering technology 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.

"A planned hydrogen refuelling station at this site will help bolster the region's infrastructure and help accelerate the clean energy transition, improving our environment for future generations in the region."

At 1104 BST, shares in Powerhouse Energy Group were up 5.96% at 3.82p.

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PHE Market Data

Currency UK Pounds
Share Price 1.03p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.00p
52 Week Low 0.25p
Volume 0
Shares Issued 4,196.65m
Market Cap £43.23m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.17% below the market average49.17% below the market average49.17% below the market average49.17% below the market average49.17% below the market average
69.68% below the sector average69.68% below the sector average69.68% below the sector average69.68% below the sector average69.68% below the sector average
Price Trend
3.13% above the market average3.13% above the market average3.13% above the market average3.13% above the market average3.13% above the market average
32.08% below the sector average32.08% below the sector average32.08% below the sector average32.08% below the sector average32.08% below the sector average
Income Not Available
Growth
29.33% below the market average29.33% below the market average29.33% below the market average29.33% below the market average29.33% below the market average
31.21% below the sector average31.21% below the sector average31.21% below the sector average31.21% below the sector average31.21% below the sector average

PHE Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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