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: 1.80
Bid: 1.75
Ask: 1.80
Change: 0.00 (0.00%)
Spread: 0.05 (2.857%)
Open: 0.00
High: 0.00
Low: 0.00
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
26 Jan 2017 09:33

PowerHouse Flagship G3-UHt Reactor System Sets Sail Toward UK

Read more
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

Read more
19 Jan 2017 09:23

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

Read more
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

Read more
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

Read more
15 Jul 2016 14:24

PowerHouse raises £0.25m through direct subscription

(ShareCast News) - PowerHouse announced on Friday that it has raised £0.25m by way of a direct subscription, issuing 38,461,538 new ordinary shares of 0.5p each in the company, at a price of 0.65p per share. The AIM-traded company said the new ordinary shares represent 6.3% of its enlarged issued sh

Read more
15 Jul 2016 07:08

PowerHouse Raises GBP250,000 To Hire Staff Before Commercial Launch (ALLISS)

Read more
30 Jun 2016 11:34

PowerHouse Energy Annual Loss Narrows; Confident Of Recovery

Read more
25 May 2016 10:02

PowerHouse Energy Signs Commercial Deal With US Contract Developer

Read more
28 Apr 2016 15:24

PowerHouse To Issue Renewme With Shares To Settle Liability (ALLISS)

Read more
6 Apr 2016 07:27

PowerHouse Energy Says Working Toward Non-Cash Settlement With RenewMe

Read more
1 Apr 2016 15:42

Powerhouse Energy shares suspended after RenewMe claim

(ShareCast News) - Renewable power firm PowerHouse Energy said it had in February received a claim from RenewMe Limited relating to a settlement agreed in March 2014 and that its AIM-listed shares had been suspended. PowerHouse said it was in talks with RenewMe regarding the claim and a further anno

Read more
1 Apr 2016 14:46

PowerHouse Energy Shares Suspended After Nomad Resigns (ALLISS)

Read more
23 Feb 2016 14:52

PowerHouse Energy Raises GBP250,000 In Share Placing (ALLISS)

Read more
9 Dec 2015 10:19

PowerHouse Raises GBP250,000 In Placing For Working Capital (ALLISS)

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.