Powerhouse Energy (LON: PHE) announced on Friday that it has appointed engineering consultancy, SWECO, to prepare concept design and an environmental impact assessment report for its waste-to-hydrogen project in Konin, Poland.
Powerhouse shares are currently up 1.61% at 5.68p. They are down 42.98% for the year-to-date.
Hydrogen Utopia International, which signed a licence agreement with Powerhouse to apply its technology in Poland, has signed a deal with SWECO through its Polish subsidiary Hydropolis United.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Tim Yeo, Executive Chairman of Powerhouse Energy, said: “We are delighted SWECO has been appointed to help rollout Powerhouse Energy technology in the city of Konin, Poland.
“The rollout in Europe of Powerhouse Energy technology is underway and it will soon be helping Poland on their clean energy transition, helping it meet its net-zero targets”.
Should you invest in Powerhouse Energy shares?
Powerhouse Energy shares are traded on the London stock exchange’s AIM market (the alternative investment market), which is the submarket specifically for smaller companies. AIM stocks are attractive to investors as they have tax advantages and smaller companies have the potential to benefit from rapid growth. But are Powerhouse Energy shares the best buy? Our stock market analysts regularly review the market and share their picks for high growth companies
