For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260413:nRSM0570Aa&default-theme=true
RNS Number : 0570A Powerhouse Energy Group PLC 13 April 2026
13 April 2026
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Granting of non-exclusive licence to Hydrogen Utopia International PLC
Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy with a
revenue generating engineering consulting division ("Engsolve"), confirms that
after reviewing the potential opportunities with Hydrogen Utopia International
PLC ("HUI"), the Company has granted a non-exclusive licence to HUI. This
licence will enable HUI to promote the Company's Distributed Modular
Generation ("DMG") technology across selected European markets.
The granting of the non-exclusive licence to HUI not only allows the current
exciting opportunities to be investigated, but also the development of
additional opportunities in central Europe.
For clarity, this is a non-exclusive licence agreement enabling HUI to market
the DMG technology across selected European markets. The operator/developer of
each project utilising the DMG technology would still need to pay the
additional operating licence fees.
Further announcements will be made in due course as appropriate.
Paul Emmitt, CEO of Powerhouse, Commented:
"This was an unexpected opportunity which was presented to us but given the
requirement for identifying non-fossil fuel energy supplies, is excellent
timing. This provides PHE, at no cost, access to a team of experienced people
who are knowledgeable of our technology in central Europe at a time when the
EU market is looking for ways to become self-sufficient on energy products.
We look forward to working with them to deliver on the considerable
opportunities available in the region."
-ENDS-
For more information, contact:
Powerhouse Energy Group Plc
Paul Emmitt, CEO Via Tavistock below
Ben Brier, CFO
Strand Hanson Limited (Nominated & Financial Adviser and Joint Broker) +44 (0) 207 409 3494
Ritchie Balmer / Rob Patrick / James Harris
Longspur Capital Limited (Financial Adviser & Joint Broker) +44 (0) 203 940 6608
Adam Robertson
Tavistock (Financial PR) +44 (0) 207 920 3150
Simon Hudson / Nick Elwes / Saskia Sizen powerhouse@tavistock.co.uk
About Powerhouse Energy Group Plc
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. PHE's process produces low levels of safe residues and
requires a small operating footprint, making it suitable for deployment at
enterprise and community level.
Powerhouse also incorporates Engsolve Ltd, which is a revenue generating
business offering Engineering Services across all sectors, with speciality
services in the development of new technologies and clean energy.
For more information see www.phegroup.com (http://www.phegroup.com)
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAURAVRNRUSAAR
Copyright 2019 Regulatory News Service, all rights reserved