Less Ads, More Data, More Tools Register for FREE

Pin to quick picksActive Energy Share News (AEG)

Share Price Information for Active Energy (AEG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.21
Bid: 0.17
Ask: 0.25
Change: 0.00 (0.00%)
Spread: 0.08 (47.059%)
Open: 0.21
High: 0.21
Low: 0.21
Prev. Close: 0.21
AEG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Active Energy begins CoalSwitch production at Ashland facility

Wed, 02nd Jun 2021 09:37

(Sharecast News) - Active Energy Group announced on Wednesday that production of 'CoalSwitch' has started at its facility in Ashland, Maine, following the construction of the five tonnes-per-hour production facility.
The AIM-traded firm said deliveries of the first CoalSwitch fuel to PacifiCorp's Hunter Valley power plant would begin this week for use in their testing programme, which was scheduled for the week of 14 June.

It said CoalSwitch production at the Ashland facility was part of the joint venture between AEG and Player Design, announced on 20 May.

The Ashland facility was granted an initial permit for the production of 1,000 tons of CoalSwitch, to be produced by 31 July.

Emissions data from the initial production would be supplied to the State of Maine for analysis.

The joint venture would then apply to the State of Maine to extend the terms of the permit, to enable the Ashland facility to expand its production to up to 35,000 tonnes of CoalSwitch each year.

"We are delighted to have successfully commissioned the Ashland Facility and to have begun production of CoalSwitch," said chief executive officer Michael Rowan.

"This is part of AEG's plan to have two operational CoalSwitch plants on the east coast of the US during 2021.

"We will now proceed to deliver CoalSwitch to PacifiCorp on time and accelerate the CoalSwitch fuel testing programme."

At 0914 BST, shares in Active Energy Group were up 6.4% at 0.74p.
More News
13 Jan 2014 14:40

Active Energy wins Turkish contracts

Biomass fuel and timber supplier Active Energy has won deals worth about 24m US dollars to provide wood chip to two Turkish fibre-board manufacturers, lifting its shares. Active will supply about 228,000 tonnes of chip in the next year, deliveries of which have already started from the company's po

Read more
10 Oct 2013 10:23

DIRECTOR DEALINGS: Active Energy CEO, Non-Executive Director Buy Shares

Read more
10 Oct 2013 09:29

DIRECTOR DEALINGS: Active Energy Group Chief Executive, Non-Executive Buy Shares

Read more
9 Oct 2013 09:33

Active Energy Says Wood Chip Shipments Dipped But Remains Positive

Read more
30 Sep 2013 16:04

Active Energy's Losses Widen In First Half

Read more
14 Aug 2013 11:03

Biomass supplier Active Energy wins Italian deal

Ukrainian biomass supplier Active Energy has won a major contract with green energy generator Biomasse Italia, lifting its shares by a quarter. Active, which supplies woodchip and related timber products to biomass power generators, said it will ship at least 240,000 tonnes of biomass from its Blac

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.