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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Powerhouse Energy Group Plc | LSE:PHE | London | Ordinary Share | GB00B4WQVY43 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.025 | 1.00 | 1.05 | 1.025 | 1.025 | 1.025 | 5,149,639 | 07:30:32 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Scrap & Waste Materials-whsl | 380k | -46.2M | -0.0111 | -0.92 | 42.41M |
By Ian Walker
Shares of Powerhouse Energy Group PLC rose 15% on Thursday after the company said that it has received planning approval for a hydrogen plant in West Dunbartonshire, Scotland.
Shares at 0740 GMT were up 0.30 pence at 2.25 pence.
The U.K. technology company said the 20 million pound ($25.1 million) facility is the second site that will use its technology to turn waste plastic into hydrogen, which will be used to fuel vehicles.
"The consent for a second site is another substantive step for Powerhouse, as we roll out the process of commercializing our technology," Chief Executive Paul Drennan-Durose said.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
June 09, 2022 04:03 ET (08:03 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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