Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects
  • Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value
  • Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback
  • India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission
  • VERBUND and Fluence Advance Germany’s Grid Stability with 92MW of New Battery Storage
  • Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub
  • Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives
  • Masdar and EnBW Team Up on Offshore Wind, Energy Storage and Green Hydrogen Development
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Hydrogen
Green Hydrogen H2 News

Joint venture with Peel proposed at Protos

Anela DoksoBy Anela Dokso06/09/20222 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Powerhouse Energy Group and Peel NRE have reached an understanding on modifications to existing contracts.

Peel Environmental Limited, Waste2Tricity Limited, Waste2Tricity (Protos) Limited, and Powerhouse Energy Group have extended their collaboration agreement, originally signed on August 9, 2019, until March 31, 2023.

The partnership between PHE and Peel to use PHE’s DMG technology on the Protos site was formalized with the signing of a collaboration agreement in August of 2019.

In exchange for £500,000, PHE agreed to allow Peel to enter into an exclusivity arrangement with PHE, which would supersede certain terms in the collaboration agreement. Peel will have the sole right to create, market, and run DMG equipment in the UK as a result of this option.

PHE and the Peel special purpose vehicle for the Protos plastics to hydrogen project entered into a financing facility agreement on May 11, 2021, allowing for the latter to borrow up to £3.8 million for the latter’s use. This loan comes with a coupon of 2% above Base Rate and is due on the date of the project’s Final Investment Decision. A step-in on the project property lease guarantees repayment of the loan. Withdrawals must be documented in accordance with a development cash flow schedule detailing the costs and activities required for the development of the project.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025
hydrogen

Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub

14/07/2025
hydrogen

Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives

14/07/2025
Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.