Powerhouse Energy Group plc (LSE:PHE) has published its half-year results for the period ending 30 June 2025, emphasizing progress in its strategy centered on licensing fees, royalties, and engineering services.
The company is moving forward with its Ballymena project, where it plans to secure project financing, while also deepening international collaborations with National Hydrogen Limited in Australia and Altec Energy in Thailand. A key milestone was reached with the completion of the Feedstock Testing Unit, which strengthens the group’s ability to bring its technology to market.
On the financial side, revenues and gross profit rose compared to the previous year, though cash balances declined. To support its project pipeline and ongoing R&D efforts, Powerhouse Energy raised additional funds through a share placing. Looking ahead, the company intends to expand the range of its commercial applications and explore opportunities in the sustainable aviation fuel market.
About Powerhouse Energy
Powerhouse Energy Group plc is a UK-based technology company focused on transforming non-recyclable waste into low-carbon energy. Its proprietary process converts plastics, end-of-life tyres, and other difficult waste streams into syngas, which can then be used to produce hydrogen, electricity, and chemical feedstocks. The group also includes Engsolve Ltd, an engineering consultancy that provides expertise in clean energy and new technology development.
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