PowerHouse Energy

Powerhouse Energy has secured a contract worth around £260,000 with a Welsh battery developer. The company will provide thermal process engineering expertise to modify test furnaces and support the development of a novel anode material; payments are expected over the next eight months. Separately, Powerhouse reported progress on the Ballymena project with submissions to NI Water, ongoing reports and FTU tests, and activity in the joint venture with Green Gecko on waste-to-energy projects in the Middle East, Europe and Australia. It also signed marketing and success-based sales agreements in Central Europe and the Caribbean and identified around ten concrete enquiries with revenue potential. » Więcej na de.investing.com

Powerhouse Energy has appointed Longspur Capital Limited as financial adviser and joint broker. Strand Hanson remains nominated and financial adviser and additionally takes on the role of joint broker. The company converts non-recyclable waste into low-carbon energy and runs the engineering consultancy arm Engsolve; CEO is Paul Emmitt, CFO Ben Brier. » Więcej na de.investing.com

Powerhouse Energy has been granted new patents in the US, Indonesia and Australia for its DMG process to convert non-recyclable waste into low-carbon energy. US patent no. 12,434,280 complements two other US patents; in Indonesia and Australia patents were each issued for the process detail "Treatment of Waste - Steam ratio." The rights are intended to strengthen commercialization of the syngas technology and support discussions with global customers; further filings in the UK, Europe and other regions are pending. The company also runs consulting arm Engsolve, which contributes revenue through engineering services. » Więcej na de.investing.com