REG - Powerhouse Energy Gp - Engsolve Trading update

Powerhouse EnergyAnnouncement

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RNS Number : 6286I  Powerhouse Energy Group PLC  24 November 2025

 

24 November 2025

 

Powerhouse Energy Group Plc

("Powerhouse", "PHE" or the "Company")

 

Engsolve Trading update

Powerhouse (AIM:PHE), a company pioneering integrated technology that converts
non-recyclable waste into low carbon energy together with a revenue generating
engineering consulting division (Engsolve), is pleased to announce a trading
update for its wholly owned subsidiary, Engsolve.

Further to the update provided in May 2025, Engsolve has progressed all those
contracts as noted below as well as gained new contracts.   The contracts
gained are made up of both new and returning clients encompassing work from
Front End Engineering Design ("FEED"), Owners Engineer Support, process safety
and design, as well as design and build of lab scale and pilot facilities for
new technology providers.

The largest of these contracts include:

·    FEED for National Hydrogen was completed, as announced in June 2025.

·    Owners Engineer Support for Wastefuel of America on a large-scale
Bio-Methanol facility was completed in September 2025.

·    Design and build of a first of a kind Aluminium Recycling process,
design has been completed, and the build is in progress with completion
planned before the end of 2025. We have signed the contract for the
engineering design of Phase 2 of this project which deals with cleaning and
drying of the end product into a commercially ready product.

·    Ongoing support to TrimTabs for the development of their novel Carbon
Nano tube process.

New contracts:

·    Carbon Capture Technology review for large UK company.

·    Carbon Capture Technology feasibility study for novel offshore
platform project.

·    Safety Engineering study including HAZOP for onshore oil production
facility.

·    Design of novel mobile renewable water from air generation unit.

All the contracts above are in addition to ongoing projects, whilst also
supporting PHE. Engsolve also has several contracts still in negotiation that
the Board believes should lead to a strong start to 2026.

These contracts, as well as the strong pipeline that is expected to be seen
over the coming year, now necessitates growing the Engsolve team further.
Engsolve has recruited throughout the year and expects to add additional staff
in early 2026.

 

Paul Emmitt, Chief Executive Officer of Powerhouse, commented:

"This has been a fantastic year for Engsolve and again proves that there is a
substantial opportunity to grow the business, as a standalone business as well
as a subsidiary of PHE. The continued growth is testament to the teams' hard
work and professionalism, as well as the growing reputation and expertise of
Engsolve - which is also shown by the amount of returning clients that the
company has.

"It is also very encouraging that Engsolve is providing its expertise across a
range of new sectors and technologies and will look to build on this offering
to industry further as the company grows.

"We look forward to continuing to grow the business and providing what we
expect to be a strong start to 2026."

 

For more information, please visit www.phegroup.com (http://www.phegroup.com)
or contact:

 

 Powerhouse Energy Group Plc
 Paul Emmitt, CEO                                           +44 (0) 203 368 6399
 Ben Brier, CFO

 Strand Hanson Limited (Nominated & Financial Adviser)
 Ritchie Balmer / Rob Patrick / James Harris                +44 (0) 207 409 3494

 SP Angel Corporate Finance LLP (Broker)
 Stuart Gledhill / Adam Cowl                                +44 (0) 20 3470 0470

 Longspur Capital Limited (Financial Adviser & Broker)      +44 (0) 203 940 6608
 Nick Stamp / Adam Robertson

 Tavistock (Financial PR)                                   +44 (0) 207 920 3150
 Simon Hudson / Nick Elwes / Saskia Sizen                   powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

 

About Powerhouse Energy Group Plc

Powerhouse 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) and
www.engsolve.com (http://www.engsolve.com)

 

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