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REG - Powerhouse Energy Gp - Completion of FEED for NH2

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RNS Number : 8280O  Powerhouse Energy Group PLC  30 June 2025

 

30 June 2025

 

Powerhouse Energy Group Plc

 ("PHE" or the "Company")

 Completion of FEED for NH2

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), is pleased to
announce, further to its announcement of 18 November 2024, that Engsolve has
now completed the Front End Engineering Design (FEED) for National Hydrogen of
Australia (NH2). NH2 will submit the requisite planning and permitting
applications and utilise the FEED data to develop its plan to reach financial
close.

 

 

Plot plan - National Hydrogen Rockingham Facility

 

Paul Emmitt, Chief Executive Officer of PHE, commented:

"We are pleased that the FEED is now complete, and the development of the
facility in Perth, Australia will now be driven by NH2 with support from both
PHE and Engsolve. The team has worked hard to deliver what developed into a
complex FEED for a facility that could potentially contain two 40 tonne per
day DMG units."

 

For more information, contact:

 

Powerhouse Energy Group Plc

Paul Emmitt, CEO
                                                +44
(0) 203 368 6399

 

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Harris / Rob Patrick
                                +44 (0) 207 409
3494

 

SP Angel Corporate Finance LLP (Broker)

Stuart Gledhill / Adam Cowl
                                   +44 (0) 20 3470 0470

 

Tavistock (Financial PR)

Simon Hudson / Nick Elwes
                                +44 (0) 207 920
3150

powerhouse@tavistock.co.uk (mailto: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.

 

PHE 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)

 

 

 

 

END

 

 

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