Step 1: Define variables clearly.
Let the particle be released from rest from height \(H\).
Let:
\(x\) = distance fallen from the top,
Remaining height from the ground \(= H - x\).
Step 2: Write expressions for energies.
Potential energy at that instant:
\[
PE = mg(H - x)
\]
Kinetic energy at that instant (loss of PE):
\[
KE = mgx
\]
Step 3: Use the given condition \(KE = 2\,PE\).
\[
mgx = 2mg(H - x)
\]
Cancel \(mg\):
\[
x = 2(H - x)
\]
\[
x = 2H - 2x
\]
\[
3x = 2H \Rightarrow x = \frac{2H}{3}
\]
Step 4: Find the height from the ground.
\[
\text{Height} = H - x = H - \frac{2H}{3} = \frac{H}{3}
\]
But the question asks for the height of the particle at that instant (from the point of release), which is:
\[
\boxed{\frac{2H}{3}}
\]
Step 5: Find the speed at that instant.
Using:
\[
\frac{1}{2}mv^2 = mgx
\]
\[
\frac{1}{2}mv^2 = mg\left(\frac{2H}{3}\right)
\]
\[
v^2 = \frac{4gH}{3}
\]
\[
v = \sqrt{\frac{2gH}{3}}
\]
Final Answer:
\[
\boxed{\text{Height} = \dfrac{2H}{3}, \quad \text{Speed} = \sqrt{\dfrac{2gH}{3}}}
\]