Powerhouse Energy secures low-risk marketing partnership to expand waste-to-energy technology across MENA and Asia

Powerhouse Energy Group (LSE:PHE) has entered into an exclusive marketing partnership with UK consultancy Green Gecko Energy aimed at advancing deployment of its high-temperature pyrolysis waste-to-energy systems across countries linked to the Abraham Accords, as well as broader Middle East and North Africa (MENA), Gulf Cooperation Council (GCC), and selected Asian markets.

Green Gecko Energy, led by finance professionals David Scott and Peter Nutt and supported by adviser Sir Liam Fox, has already highlighted potential pilot and modular project opportunities in Bahrain, Egypt, Kuwait and Oman. These initiatives are expected to focus on processing difficult waste streams, including tyres, elastomers and plastics.

The agreement has been structured on a no-win, no-fee basis, meaning Powerhouse is not required to provide upfront capital. Instead, Green Gecko will receive compensation through commissions and share options tied to project construction milestones and associated payments. The arrangement is intended to support international expansion into rapidly developing waste-to-energy markets while minimising financial exposure, potentially enhancing Powerhouse’s position within emerging low-carbon energy sectors.

Despite these strategic developments, Powerhouse Energy’s near-term outlook remains shaped largely by financial and technical pressures. Continued operating losses, negative cash flow generation and declining revenues represent ongoing challenges, and while new partnerships signal progress, they do not yet offset the company’s weaker financial performance or bearish technical trends.

More about Powerhouse Energy

Powerhouse Energy Group is an AIM-listed company focused on developing integrated high-temperature pyrolysis technology that converts non-recyclable waste materials — including plastics and end-of-life tyres — into low-carbon energy outputs and valuable by-products such as hydrogen, electricity, heat and chemical feedstocks. The group also owns Engsolve, an engineering services subsidiary that generates revenue through clean-energy and advanced technology design and development for both commercial and community-scale projects.