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Powerhouse Energy ( (GB:PHE) ) has shared an announcement.
Powerhouse Energy Group plc has released its half-year report for the period ending June 30, 2025, highlighting a strategic focus on licensing fees, royalties, and engineering services. The company is advancing its Ballymena project with plans to raise project finance, while also progressing collaborations with National Hydrogen Limited in Australia and Altec Energy in Thailand. The completion of the Feedstock Testing Unit is a significant milestone, enhancing the company’s ability to commercialize its technology. Financially, the company reported increased revenues and gross profit compared to the previous year, although cash reserves have decreased. The company also raised additional capital through a share placing to support upcoming projects and R&D activities. Looking ahead, Powerhouse Energy aims to expand its commercial applications and explore new opportunities in the sustainable aviation fuel sector.
More about Powerhouse Energy
Powerhouse Energy Group plc is a UK-based technology company that specializes in converting non-recyclable waste into low carbon energy. The company operates through its proprietary process technology that transforms waste plastic, end-of-life tyres, and other waste streams into syngas, which can then be converted into valuable products such as hydrogen, electricity, and chemical precursors. Additionally, Powerhouse Energy includes Engsolve Ltd, an engineering consulting division that offers services in new technology development and clean energy.
Average Trading Volume: 7,866,209
Technical Sentiment Signal: Sell
Current Market Cap: £26.61M
Learn more about PHE stock on TipRanks’ Stock Analysis page.