Powerhouse Energy ( (GB:PHE) ) has provided an announcement.
Powerhouse Energy Group Plc has announced a collaboration with Avioxx Ltd to integrate its technology into Avioxx’s pilot facility, Project Eden, to produce 200 tonnes of Sustainable Aviation Fuel (SAF) annually. This collaboration highlights the potential of Powerhouse’s technology to aid in producing cleaner fuels for the aviation industry, positioning it in the promising SAF sector, which could significantly impact its operations and industry standing.
More about Powerhouse Energy
Powerhouse Energy Group Plc specializes in converting non-recyclable waste into low carbon energy and offers engineering consulting through its division, Engsolve. The company utilizes a process technology to transform waste materials into syngas, from which various valuable products can be derived, positioning itself as a provider of clean energy solutions.
YTD Price Performance: 1.82%
Average Trading Volume: 6,840,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £47M
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