Hydrogen Utopia International gets warm welcome on first day of AQSE trading
The shares quickly jumped in early trading from its 7.5p inception price, rising above 14p by midday
Company
Powerhouse Energy Group PLC
LON:PHE
Powerhouse Energy has developed a process technology which can utilise waste plastic, end-of-life-tyres, and other waste streams to convert them efficiently and economically into syngas from which valuable products such as chemical precursors, hydrogen, electricity, heat and other industrial products may be derived. The company's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.
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Powerhouse Energy partner inks deal for Bulgarian plastics-to-hydrogen project
It builds on a collaboration deal that was announced in early October
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Powerhouse Energy soars as development partner receives backing from Linde Engineering
Linde has been granted the exclusive right to supply HUI in HUI’s development of Powerhouse DMG technology
Powerhouse Energy and Peel NRE extend collaboration period
The company’s priority remains to ensure the first hydrogen facility using its DMG technology, based at its UK partner Peel NRE’s Protos site, becomes fully operational during 2023
Powerhouse Energy in deal with Hydrogen Utopia to market DMG Technology
“Powerhouse is pleased to sign this collaboration agreement with HUI which is championing our technology across Europe and potentially the rest of the world,” said chairman, James Greenstreet
Powerhouse Energy hails progress on first DMG plant in first half
The company said it is in the final stages of appointing a new chief executive officer
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Powerhouse Energy partner to build plastic recycling plant in Poland
Hydrogen Utopia International has raised £2.2mln to fund the build
Powerhouse Energy clarifies Linde speculation
PHE in a release Monday said Hydrogen Utopia International (HUI), which is a DMG licensee, had been working with the German group – most recently on a technical feasibility evaluation
Powerhouse Energy agrees exclusive technology use deal with HUI
Powerhouse will continue to receive a licence fee for any DMG plant which becomes operational
Powerhouse Energy appoints James Greenstreet as new chairman
Greenstreet has been a non-executive director of Powerhouse since 2011
Powerhouse Energy's partner seeks planning permission for second waste-to-hydrogen site
It wants to build the 13,500-tonne facility at the Rothesay Dock on the north bank of the River Clyde, West Dunbartonshire
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Powerhouse Energy surges after taking stake in technology partner
Powerhouse has worked very closely with Engsolve for the last four years
Powerhouse Energy chairman says Protos project top priority
Tim Yeo said the success of the project will “open a worldwide market for our clean technology”
Powerhouse Energy encouraged by partner's hydrogen refuelling plans
Peel NRE, part of Peel L&P, has signed a letter of intent to supply hydrogen from its planned rollout of plastic-to-hydrogen facilities to Element 2’s proposed network of hydrogen refuelling stations
Powerhouse Energy underpinned by environmental needs says chairman
The group currently has two plants under development with partner Peel NRE
Powerhouse Energy receives validation of enhanced DMG design
The consultant's report will be used by Powerhouse’s partner Peel, and their consultants and contractors to support the finalisation of contracts for the Protos Energy Park
Powerhouse Energy appoints new chief technical officer
Paul Emmitt will join the company with immediate effect and will take over responsibilities for the firm's technology development programme
Powerhouse Energy welcomes appointment of consultant to Konin project in Poland
"The DMG system is a global revolution and it is reassuring to have SWECO on my side to build the first one in Poland," said Aleksandra Binkowska, the CEO of Hydrogen Utopia International
Powerhouse Energy says critical material has been ordered for Protos plant
“Over four years of the technology development team’s work has gone into this procurement decision," said David Ryan, the chief executive officer of Powerhouse.
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Powerhouse Energy says second hydrogen plant using its DMG technology will be on banks of River Clyde
“Plastic is often demonised, but we have seen how essential it is in industries like healthcare," said Richard Barker, a Peel NRE director
Powerhouse Energy inks loan deal to advance Protos plant
The company said it will provide up to £3.8mln to secure long lead time items and project design services in respect of the Protos project prior to securing long-term debt funding arrangements
Powerhouse Energy in talks with partner to extend collaboration beyond Poland
The use of this technology, which is designed to convert waste plastic into a syngas and/or hydrogen, is subject to a formal agreement being reached between Powerhouse and Hydrogen Utopia
PowerHouse Energy makes progress with roll-out of its business model
The sustainable hydrogen company pioneering hydrogen production from waste plastic issued a progress report on its activities in the UK and Poland.
Powerhouse Energy Group sets long-term vision for technology, welcomes new significant shareholder
“As we look ahead to the all-important United Nation’s Climate Change Conference of the Parties (COP26) in Glasgow later this year, we hope Powerhouse technology can be championed as a part of the solution to the world’s environmental chall
Powerhouse Energy Group shares rise as potential stock overhang is removed
The placing was conducted by Powerhouse's broker, Turner Pope, and broadens the company's institutional investor base
Powerhouse Energy raises funds as it races to get first hydrogen plant on line
The company will use the money raised to buy long-lead items before the formal financial close of the first commercial-scale DMG installation
Powerhouse Energy establishes ESG committee to promote sustainable development
The hydrogen specialist said the committee will scrutinise greenhouse gas emissions caused by its own activities as well as those of its suppliers and customers in order to achieve continuous performance improvements
Powerhouse Energy confirms no new material developments beyond those previously notified after share price jump
Shares in Powerhouse Energy jumped by around 50% on Tuesday to close at 7.65p, having opened trade at 5.00p
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Powerhouse Energy partner begins groundworks for first waste-plastic-to-hydrogen plant
The developer of the DMG system has been on a hiring spree and has developed a solution to enable the site to export larger volumes of hydrogen
Powerhouse Energy seeks new chief executive after boss decides to step down to focus on delivering Protos plant
David Ryan requested to concentrate specifically on the technology, delivering the application on the Protos project and on building Powerhouse's executive management and operating teams
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Powerhouse Energy to team up with Hydrogen Utopia in Poland
“Powerhouse look forward to working with HUI on the potential use of our DMG technology being rolled out in Poland”
Powerhouse Energy boosted as Peel L&P Environmental’s Protos project advances
"We are delighted that our DMG technology is to play such a key role in Peel L&P Environmental's Plastic Park strategy,” said chairman Tim Yeo
Powerhouse Energy announces director change
The company will appoint Mark Berry as non-executive director, as former chairman and current director Dr Cameron Davies retires from his position on March 31, 2021
Powerhouse Energy expects two more waste-to-power sites to be unveiled soon
The Protos operation, near Ellesmere Port in Cheshire, received planning permission in March
Powerhouse Energy highlights transformative six months
Post-period, the waste-to-energy group also noted the completion of its Waste2Tricity acquisition and a £5mln fundraise to help grow its operational team
Powerhouse Energy appoints Tim Yeo as chairman
On behalf of the board, Yeo expressed his warmest thanks and appreciation to his predecessor, Cameron Davies
Powerhouse Energy raises funds to reach profitability and grow internationally
The company said the cash will allow it to deliver the first commercial-scale installation of its DMG technology, which can convert plastic and other waste into syngas from which products such as hydrogen and electricity can be derived
Powerhouse Energy partner completes engineering definition work at Protos Energy Park
“Working with Powerhouse we’re creating a blueprint for this UK first plastic-to-hydrogen facility, with plans to roll out many more across the UK," Peel L&P director Richard Barker said
Powerhouse Energy appoints Tim Yeo as non-executive director
Tim Yeo, a former Shadow Secretary of State for Trade, is currently the chairman of the New Nuclear Watch Institute
Powerhouse Energy enthusiastic about its prospects
There is a pipeline of 10 more "Plastic Parks" that will be developed by Powerhouse's partner, Peel Environmental
PowerHouse Energy jigsaw is coming together
The pieces of the jigsaw are coming together for PowerHouse Energy PLC (LON:PHE) under the stewardship of chief executive David Ryan
PowerHouse Energy unaware of any reason for recent share price surge
The company said it is close to completing due diligence on its proposed acquisition of Waste2Tricity
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PowerHouse Energy heartened by pipeline of UK sales opportunities
International interest in the company's DMG technology continues to grow,
Powerhouse Energy confident of becoming 'sustainable and profitable business'
“During this year we have streamlined our business focusing on the delivery of the first plant and in line with this we have secured first revenues..." said chairman Cameron Davies.
PowerHouse Energy’s technology will be used for ten UK plastic-to-power projects
The DMG technology will be a cornerstone of ‘Plastic Parks’ being developed by Peel Environmental.
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Powerhouse Energy surges as Japanese government endorses DMG technology
The Japanese Ministry of Economy Trade and Industry said the firm's waste-to-energy technology was a “major competitor” in the low-cost production of hydrogen
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Sabien Technology soars as it wins contract and signals expectation of a move into profit
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Powerhouse Energy on a surge after BBC's "War on Plastic" documentary
It would be better to use glass bottles rather than plastic bottles - a plastic bottle can take 450 years to break down - but if we have to have plastic bottles then Powerhouse's DMG technology could be used to turn those bottles into hydro
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FTSE 100 closes higher despite continued trade fears
China has pledged to spend more on infrastructure to offset any downturn caused by Trump’s trade tariffs
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PowerHouse Energy venture inks supply and sales deal with Cheshire recycling plant
Waste2Tricity will receive cut-price feedstock and in-turn it will sell discounted power back to the recycler.
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Zoo Digital mauled as it warns of break-even second half
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Powerhouse Energy inks first revenue-generating contract with partner Waste2Tricity
The firm said under the agreement it would provide planning and engineering design services that would lead to a build contract and license for the use of its DMG technology
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FTSE 100 closes near break-even as traders fear China growth may be unsustainable
On Wall Street, stocks were in the red at the time of writing despite positive Chinese data and a batch of positive earnings reports
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G4S shares surge as Canadian security firm confirms reports of possible takeover bid
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Powerhouse Energy takes "important step" to commercialisation as it inks lease for site to develop hydrogen energy tech
The site, located on the Protos energy hub near Ellesmere Port in Cheshire, was expected to be the first full-scale commercial site for the company's DMG technology and an “important step” in its commercialisation strategy
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FTSE 100 ends flat as the market awaits the outcome of EU leaders emergency meeting on Brexit
The raft of macro-economic news from the US, the UK and ECB policy failed to cheer the FTSE 100 as the focus turned to the meeting in Brussels
PowerHouse Energy revs up from first contract in waste-to-energy drive
The company’s DMG technology uses a process of small scale gasification to turn waste products into energy-rich clean synthetic gas from which electrical power and hydrogen can be produced
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Brave Bison still on the hunt for a profit
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FTSE 100 ends near flat; Prime Minister May says she will resign once Brexit deal passed
Mrs May reportedly told MPs that she will resign before the next phase of the Brexit negotiations.
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Stobart Group flying high after court room victory
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Hardware & electrical equipment
PowerHouse Energy closes in on first commercial contract
"Our planned delivery programme for the UK is that DMG systems will be bought by partners and customers and located on host waste sites, with revenues for PowerHouse arising from sales and licences"
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FTSE 100 joins global benchmarks to head higher on Friday on trade deal hopes
Britain's blue chip index closed up around 39, or 0.55% at 7,236 on the day
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PowerHouse Energy reveals management change
Technical director David Ryan will become acting chief executive
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Interserve weak as Kier Group cash call comments spark concerns for constructors
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Powerhouse Energy secures £700K in capital to support operations
With the funds secured, the firm is "confident that we will be able to achieve our ongoing commercial objectives as well as expand our testing and engineering capability"
FTSE 100 clings on to triple-digit gain
The Footsie looked destined to finish well off the top but still sporting a handsome gain following a weekend of deals at the G20 and Opec meetings
WPP shares advance on plan to merge two businesses
A look at some big winners and losers in the UK equity market on Monday
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PowerHouse Energy to engage in “advanced commercial discussions” with Toyota Tsusho
Toyota Tsusho said it is looking to agree some form of partnership with PowerHouse in Japan and possibly around the world
Builders and building materials
FTSE 100 sticks on firm ground as US stocks bounce higher on Cyber Monday
The FTSE 100 was set to break a losing streak, rising 58 points
FTSE 100 closes lower as political worries and trade fears put investors off
On Wall Street, the Dow Jones Industrial Average is down over 423 points at 25,565, while the S&P 500 is off around 37
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Crest Nicholson shares fall on profit warning while Accesso advances on Groupon deal
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PowerHouse Energy's technology receives the thumbs-up from technical assurance consultant
DNV GL, a global leader in technical assurance certification, has kicked the tyres of PowerHouse's waste-to-energy technology
FTSE 100 closes in the red as May set to address EU27
The FTSE 100 falls 35 points to 7,025, while Dow falls more than 300 points
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PowerHouse Energy says it has “the right strategy” to deliver substantive growth
“The commercialisation phase is now well underway and we are making positive progress by taking a customer-led approach"
FTSE 100 closes lower but up on the week as Italy rattles European markets
FTSE 100 closed the day 35 points lower as the situation in Italy rattled markets
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Powerhouse Energy happy to talk with Friends of the Earth about its DMG technology
Powerhouse's DMG technology affords the conversion of waste plastic to EcoSynthesis gas to displace liquid hydrocarbons responsible for substantive pollution. Excess energy produced can be used to generate low-carbon electricity to power el