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Pin to quick picksPowerhouse Ener Share News (PHE)

Share Price Information for Powerhouse Ener (PHE)

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Share Price: 0.925
Bid: 0.90
Ask: 0.95
Change: 0.025 (2.70%)
Spread: 0.05 (5.556%)
Open: 0.925
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Low: 0.92
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PowerHouse upbeat as DMG plant inches closer

Thu, 09th May 2019 14:31

(Sharecast News) - Hydrogen and clean energy company PowerHouse Energy Group announced on Thursday that its development partner Waste2Tricity (W2T) has agreed that electricity generated by it at Protos using PowerHouse's 'DMG' technology would be sold into a private grid operated by Protos.The AIM-traded firm also said W2T had agreed a supply agreement for unrecyclable plastic for the DMG plant.It described the development as a further step towards achieving financial close for the first commercial site utilising its DMG technology.A memorandum of understanding (MoU) agreement had agreed by W2T with recycler Advanced Sustainable Developments, PowerHouse added, which would see the two companies work collaboratively at the Protos site in Cheshire.The generated electricity from the DMG process would be supplied back to ASD from the Protos private grid at discount to current power market prices, which would reportedly be commercially beneficial to all parties.W2T had also agreed a supply of feedstock for processing by DMG energy recovery technology, which was intended to come from un-recyclable plastic from ASD's PET plastic recycling project at the Protos site, at a price "significantly below" current landfill prices.PowerHouse said W2T had arranged back-up supply lines for the DMG plant, in the event of delays."We are very pleased that our DMG energy recovery technology will be a key part of the solution at Protos fostered by Peel Environmental with W2T and ASD, which envisages the regeneration of plastics in a circular economy approach to waste management," said PowerHouse Energy chief executive officer David Ryan."This matches our vision for the application of the DMG technology and we believe it heralds the finalisation of a number of further DMG projects."
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18 Oct 2018 11:04

Powerhouse Energy seeks out additional commercial opportunities

(Sharecast News) - AIM-listed waste-to-plastic business Powerhouse Energy told investors on Thursday that it had been hard at work seeking out additional opportunities for its technology.

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28 Sep 2018 13:10

PowerHouse Energy Loss Widens On Increased Administrative Expenses

LONDON (Alliance News) - Powerhouse Energy Group PLC on Friday reported a widened interim loss on increased costs.In the six months ended June, the waste-to-energy systems provider widened

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27 Jul 2018 11:45

PowerHouse Energy Shares Drop As Facility Development Delayed To 2019

LONDON (Alliance News) - Shares in PowerHouse Energy Group dropped on Friday as the company pushed back its expectations for when its first commercial facility will be operational due to financing

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20 Jul 2018 15:51

UK Shareholder Meetings Calendar - Next 7 Days

Monday 23 JulyEthernity NetworksActive Energy GroupBSD CrownTuesday 24 Air 25

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6 Jul 2018 09:49

PowerHouse Fundraises To Progress Work On Flagship DMG System (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC on Friday said it has raised GBP694,030 through a share placing and subscription to progress its commercial activities.The UK technology

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2 Jul 2018 16:47

PowerHouse Energy In Discussions With Toyota, No Agreement Made Yet

LONDON (Alliance News) - PowerHouse Energy PLC on Monday noted "an article in the weekend press" that said the company is working with Japanese car maker Toyota Motor Corp.The is

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29 Jun 2018 12:34

PowerHouse Energy Loss Widens As It Works Towards Commercialisation

LONDON (Alliance News) - PowerHouse Energy Group PLC said Friday its annual loss widened in a "transformative year" as it starts shifting towards the commercialisation of its clean were

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18 May 2018 11:37

PowerHouse Energy Issues 18 Million Shares To Settle Fees (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC said Friday it issued 17.9 million new shares to service providers to settle fees.The company issued 7.9 million shares at 0.76 pence 10

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18 Apr 2018 13:50

PowerHouse Energy Raises GBP900,000 To Commercialise Technology (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC said Wednesday it has raised GBP900,000 via an oversubscribed share placing and subscription agreement to support the commercial development of

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15 Feb 2017 10:44

Powerhouse's shares slide as it repays loan in cash and shares

(ShareCast News) - Shares in Powerhouse Energy have plunged 25% as it repaid a £3.4m loan note balance to Hillgrove via a mix of funds raised in a capital hike and the conversion of debt to new shares. It had completed a £2.5m placing of 312.5m new shares at 0.8p each. Hillgrove has accepted a £2m

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26 Jan 2017 09:33

PowerHouse Flagship G3-UHt Reactor System Sets Sail Toward UK

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19 Jan 2017 12:54

Powerhouse welcomes Yady with £250,000 investment in new shares

(ShareCast News) - AIM-listed landfill-to-energy specialist PowerHouse has agreed to raise a gross £250,000 via a placing with Yady Worldwide. PowerHouse, whose lead technology is the G3-UHt ultra-high temperature gasification waste-to-energy systems, said it had placed 35.7m shares at a price of

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19 Jan 2017 09:23

PowerHouse Energy Raises GBP250,000 From Yady Worldwide (ALLISS)

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6 Sep 2016 08:54

PowerHouse plastic-to-power testing declared a success

(ShareCast News) - PowerHouse Energy Group announced on Tuesday the completion of its system-wide testing program for the G3-UHt unit in Brisbane, Australia. The AIM-traded firm's ultra-high temperature gasification reactor testing program has utilized feedstock which has included both shredded plas

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15 Jul 2016 15:45

PowerHouse Energy raises fresh funds via direct subscription of shares

(ShareCast News) - PowerHouse raised fresh funds via a direct subscription of shares to hire new staff and bolster its financial flexibility in the wake of the referendum vote. The waste to energy systems provider generated £250,000 via the issue of 38,461,538 new ordinary shares which were expected

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