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Powerhouse Energy ( (GB:PHE) ) has shared an announcement.
Powerhouse Energy Group Plc has completed the Front End Engineering Design (FEED) for National Hydrogen of Australia (NH2), marking a significant step in the development of a hydrogen production facility in Perth, Australia. This completion allows NH2 to move forward with planning and permitting applications, potentially positioning the facility to house two 40-tonne per day DMG units, which could enhance the company’s standing in the clean energy sector.
More about Powerhouse Energy
Powerhouse Energy Group Plc is a company that has developed technology to convert non-recyclable waste, such as waste plastic and end-of-life tyres, into low carbon energy. Their process efficiently transforms waste into syngas, which can be used to produce valuable products like hydrogen, electricity, and chemical precursors. The company also operates Engsolve Ltd, a revenue-generating engineering consulting division specializing in clean energy and new technology development.
Average Trading Volume: 8,126,919
Technical Sentiment Signal: Sell
Current Market Cap: £20.35M
Find detailed analytics on PHE stock on TipRanks’ Stock Analysis page.