Proactive - Interviews for investors

Powerhouse Energy reports strong start to the year for Engsolve business

Episode Summary

Powerhouse Energy Group PLC CEO Paul Emmitt talked with Proactive's Stephen Gunnion about the strong commercial momentum at Engsolve, a wholly owned subsidiary of the company. Emmitt shared that Engsolve has already secured over £1 million in contracts within the first four months of 2025, surpassing historical turnover levels and highlighting a notable acceleration in business activity. He attributed this growth to a combination of return clients, new engagements from Powerhouse’s Capital Markets Day, and long-standing professional relationships. “Most of this is from past relationships, either repeat clients or past relationships,” Emmitt noted. These include a contract for the national hydrogen feed for Powerhouse itself, nearing completion, and acting as owner’s engineer for a green bioethanol project in Turkey. Additional wins include work with a large American EPC for new tech deployment and a pilot-scale aluminium recycling facility that resulted directly from the Capital Markets Day. Engsolve’s continued partnership with TrimTabs, based at the same Bridgend site, is also expanding with plans to add staff. Emmitt clarified that while Engsolve is a subsidiary, its independent positioning ensures it remains technology-agnostic and can serve clients beyond Powerhouse’s core offering. This flexibility supports growth across both organisations. “Everything that Engsolve does benefits Powerhouse,” he said, emphasizing how integrated staffing and capabilities are enabling broader project delivery across the group. He also highlighted that the upcoming annual report will outline the company’s 2024 performance and strategic roadmap for the future. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel and enable notifications for future content. #PowerhouseEnergy #PaulEmmitt #Engsolve #HydrogenProjects #CleanEnergy #GreenBioethanol #EngineeringServices #RenewableTech #SustainableSolutions #ProactiveInvestors