REG - Powerhouse Energy Gp - Major New Horizon Europe Project

Powerhouse EnergyAnnouncement

Mon 07:00

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RNS Number : 2665H  Powerhouse Energy Group PLC  08 June 2026

 

 

8 June  2026

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

 
 

Major New Horizon Europe Project

Powerhouse Energy Group (AIM: PHE), a company focused on the conversion of
non-recyclable waste into low carbon energy alongside its revenue-generating
engineering consultancy division Engsolve, is delighted to announce that it
will be participating in new Horizon Europe Innovation Action under
HORIZON-CL6-2025-01-CIRCBIO-01: "JUST-CIRCLE - Measuring and Advancing
Circular Business Models for a Fair and Sustainable Transition", which is
being led by Brunel Business School at Brunel University of London.

Coordinated by Brunel University of London, JUST-CIRCLE brings together 14
partners across nine countries to examine how circular business models can be
designed, measured, and implemented in ways that are environmentally
sustainable, socially fair, financially credible, and practically adoptable

The project will develop and test new frameworks for sustainability
accounting, lifecycle impact assessment, and circular business-model
innovation, working closely with industry, social-economy, and academic
partners across sectors including agriculture, waste-to-energy, food services,
and circular water reuse.

With a total consortium value of approximately €5.85 million and just under
€5 million in EU funding, JUST-CIRCLE will support the transition towards
more evidence-based, inclusive, and scalable circular economy practices.
Under the terms of the consortium, this is a 70% grant funded project of which
PHE is  expected to receive  approximately £225k for the utilisation of its
technology.

The Brunel Business School academic team is led by Dr Grigorios Theodosopoulos
and includes Dr Marios Samdanis, Dr Lefteris Kretsos and Professor Danae
Manika.

The first kick off meeting will be hosted at Brunel University on the 10(th)
and 11(th) of June.

The other partners involved are:

·    Brunel University

·    SPI - Sociedade Portuguesa de Inovação

·    ANALISIS-DSC

·    The American College of Greece / Alba Graduate Business School

·    Greener than Green Technologies SA

·    Queen Mary School of Business & Management

·    University of Naples Federico II

·    Ateliere Fără Frontiere

·    Bucharest Academy of Economic Studies

·    TSE Global

·    Silvania.bio

·    RED FORK

·    Crowdhelix

 

Paul Emmitt, CEO of Powerhouse Energy Group, commented:

"We are delighted to be part of this consortium and working with the team.
This project is undoubtedly asking some very significant questions which need
to be looked at and addressed; with the findings certainly expected to shape
how we approached sustainability and the circular economy in the future. Not
only is this a prestigious opportunity utilising our technology to provide key
data to the consortium, but it is also a 70% grant funded project of which PHE
will receive circa £225k.

We look forward to providing further updates on this exciting initiative as it
progresses."

 

-ENDS-

 

For more information, contact:

 

 Powerhouse Energy Group plc
 Paul Emmitt, CEO                                Via Tavistock below
 Ben Brier, CFO

 Strand Hanson Limited (Nomad)                   +44 (0) 207 409 3494
 Ritchie Balmer / Rob Patrick / Edward Foulkes

 Turner Pope Investments (TPI) Limited (Broker)  +44 (0) 203 657 0050

 Andrew Thacker / Guy McDougall

 Longspur Capital Limited (Financial Adviser)    +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

www.powerhouseenergy.co.uk

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.  Powerhouse
Energy is listed on AIM with the ticker: PHE

 

 

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