The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Share News (PHE)

Share Price Information for Powerhouse Ener (PHE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.775
Bid: 1.75
Ask: 1.80
Change: 0.00 (0.00%)
Spread: 0.05 (2.857%)
Open: 1.82
High: 1.825
Low: 1.70
Prev. Close: 1.80
PHE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PowerHouse Waste-To-Energy System Nearing Completion In Australia

Tue, 15th Sep 2015 09:04

LONDON (Alliance News) - PowerHouse Energy Group PLC Tuesday said the construction and commissioning of the newly developed PHE G3-UHt waste-to-energy system is nearing completion.

The company is currently completing commissioning and integration work on the system at its engineering facilities in Brisbane, Australia, and said it has sent invitations out to interested commercial parties and European government representatives to view a demonstration of the system in the first week of November.

All individual components of the system have passed their initial evaluations at nominal operating temperatures and are operating to specification. However, the company has identified a "minor" modification to the de-oxygenation system which will allow the company to tune the composition of the syngas which the system will produce.

The de-oxygenation system removes excess oxygen and ambient air during the feed-stock conveyor process and by making the modification, PowerHouse will be able to to determine the relative volumes of hydrogen and carbon monoxide produced in the syngas.

Syngas, or synthetic gas, is a fuel gas mixture consisting primarily of hydrogen, carbon monoxide, and very often some carbon dioxide.

"The ability to increase or decrease the relative amount of Hydrogen can have a significant effect on the potential integration of a Hydrogen Fuel Cell into the G3 System," said the company. "The new de-oxygenation process has been designed, modelled, and the engineering has been completed. The newly machined parts are on order and are expected to arrive within the next few weeks."

"This marks the beginning of the actual commercial phase of the company," said Chairman Keith Alluan. "We finally have a technology in which we can be confident, which is proving to be commercially robust, and which delivers on the promise of PowerHouse."

"With this new demonstration unit, we are confident that we can begin making tremendous commercial strides in this next stage of the company," he added.

Trillaing of the new system continues in a variety of methods, including the conversion of toxic waste and shredded tyres into syngas.

PowerHouse shares were up 1.1% to 1.42 pence per share on Tuesday morning.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
31 Dec 2018 12:35

PowerHouse clarifies IP position after Sunday Express error

(Sharecast News) - Technology company PowerHouse Energy Group was forced to respond to a report from weekend tabloid the Sunday Express on Monday, which had reported a day prior that PowerHouse's development partner Waste2Tricity had patented a method of turning plastic into hydrogen.

Read more
3 Dec 2018 09:25

PowerHouse Energy Raises GBP700,000 Via Placing And Warrant Exercise (ALLISS)

LONDON (Alliance News) - Powerhouse Energy Group PLC said Monday it has raised GBP650,000 through the placing of 130.0 million shares at 0.5 pence per share.Shares in Powerhouse Energy were

Read more
26 Nov 2018 14:36

Toyota Tsusho shows interest in PowerHouse Energy technology

(Sharecast News) - Waste-to-hydrogen technology company PowerHouse Energy Group has received a formal invitation from Toyota Tsusho Corporation of Japan to engage in advanced commercial discussions regarding its 'DMG' technology, it announced on Monday.

Read more
26 Nov 2018 09:32

PowerHouse Energy Shares Jump 14% On Talks With Toyota Tsusho

LONDON (Alliance News) - PowerHouse Energy Group PLC on Monday said it secured an invitation from Toyota Tsusho Corp of Japan to engage in advanced commercial discussions regarding its DMG Tsusho

Read more
18 Oct 2018 11:49

PowerHouse Energy In Talks Over DMG Technology Commercialisation

LONDON (Alliance News) - PowerHouse Energy Group PLC on Thursday said it intends to seek additional commercialisation opportunities for its DMG System technology.The hydrogen production Ltd

Read more
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.

Read more
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

Read more
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

Read more
20 Jul 2018 15:51

UK Shareholder Meetings Calendar - Next 7 Days

Monday 23 JulyEthernity NetworksActive Energy GroupBSD CrownTuesday 24 Air 25

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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

Read more
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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.