Powerhouse Energy’s Engsolve Secures Over £1 Million in Contracts, Plans Expansion

The latest update is out from Powerhouse Energy ( (GB:PHE) ).

Powerhouse Energy Group Plc’s subsidiary, Engsolve, has secured contracts worth over £1 million in the first four months of 2025, indicating a strong start to the year. These contracts include significant projects such as Front End Engineering Design for National Hydrogen and Owners Engineer Support for Wastefuel of America. The success of Engsolve in securing these contracts highlights its growing reputation and expertise, prompting the company to expand its team to meet the increasing demand. This development underscores the substantial growth opportunities for Engsolve as both an independent business and a subsidiary of Powerhouse Energy.

More about Powerhouse Energy

Powerhouse Energy Group Plc is a company that has developed a process technology to convert waste plastic, end-of-life tyres, and other waste streams into syngas, which can be used to produce valuable products such as chemical precursors, hydrogen, electricity, and heat. The company operates with a small footprint, making it suitable for both enterprise and community-level deployment. Additionally, Powerhouse incorporates Engsolve Ltd, a revenue-generating engineering consulting division specializing in new technologies and clean energy.

Average Trading Volume: 13,508,238

Technical Sentiment Signal: Sell

Current Market Cap: £21.69M

See more data about PHE stock on TipRanks’ Stock Analysis page.