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Powerhouse Energy Completes Key Design Phase for Australian Hydrogen Project

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Powerhouse Energy Completes Key Design Phase for Australian Hydrogen Project

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An announcement from Powerhouse Energy ( (GB:PHE) ) is now available.

Powerhouse Energy Group Plc has announced the completion of the Front End Engineering Design (FEED) for National Hydrogen of Australia (NH2), a significant step in the development of a hydrogen facility in Perth, Australia. This advancement, achieved through its engineering division Engsolve, positions PHE to support NH2 in the planning and permitting phases, potentially enhancing its market presence in the clean energy sector.

More about Powerhouse Energy

Powerhouse Energy Group Plc is a company specializing in technology that converts non-recyclable waste into low carbon energy. It offers a process that transforms waste plastic, end-of-life tyres, and other waste streams into syngas, which can be used to produce valuable products like hydrogen and electricity. The company operates Engsolve Ltd, a revenue-generating engineering consulting division that focuses on clean energy and new technology development.

Average Trading Volume: 8,126,919

Technical Sentiment Signal: Sell

Current Market Cap: £20.35M

For a thorough assessment of PHE stock, go to TipRanks’ Stock Analysis page.

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