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IN BRIEF: Active Energy Awarded US CoalSwitch Patent

Thu, 10th Dec 2020 20:34

Active Energy Group PLC - London-headquartered biomass-based renewable energy business - Awarded new US patent for its CoalSwitch process and the beneficiation of biomass. The patent, number 10,858,607, was awarded on Tuesday and will ensure Active Energy holds the legal rights to exclude any other company from producing, selling or using the claimed CoalSwitch process for over 17 years.

"CoalSwitch has significant market potential and is unique given the distinct and highly beneficial differences between its processes and other biomass beneficiation methods. The value driver is in the pre-treatment and post-treatment processes that effectively remove most of the soluble mineral contaminants. These patent awards to AEG underline the important commercial opportunities for CoalSwitch," says Active Energy Chief Executive Michael Rowan.

Current stock price: 0.575 pence

Year-to-date change: up 16%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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4 Jun 2019 09:52

Active Energy Continues Progress On Lumberton Operation Build Up

LONDON (Alliance News) - Renewable energy and forestry management firm Active Energy Group PLC said Tuesday it is making progress in the construction of a new CoalSwitch operation in Lumberton, to

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23 Apr 2019 15:53

Active Energy gets $0.5m grant for North Carolina site

(Sharecast News) - Renewable energy business Active Energy announced on Tuesday that it had been awarded a $0.5m building re-use and renovation grant for its new manufacturing site in Lumberton, North Carolina.

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23 Apr 2019 10:05

Active Energy Granted USD500,000 For North Carolina Site Development

LONDON (Alliance News) - Biomass-focused energy firm Active Energy Group PLC said on Tuesday it has been awarded a US government grant of USD500,000 for its new manufacturing site in North re-use

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9 Apr 2019 12:30

European Union Declines "SuperFuel" Funding Grant To Active Energy

LONDON (Alliance News) - Active Energy Group PLC on Tuesday said the European Union has not awarded grant funding for its "SuperFuel" product.SuperFuel blends renewable energy - -

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27 Mar 2019 11:22

Active Energy Completes Purchase Of Industrial Site In North Carolina

LONDON (Alliance News) - Renewable energy and forestry management firm Active Energy Group on Wednesday said it completed the acquisition of an industrial site in Lumberton, North new site will a

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4 Mar 2019 13:22

Active Energy Raises USD3.4 Million To Purchase Site In North Carolina (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC on Monday said it has entered into agreement with Alamac Holdings LLC to acquire an industrial site in Lumberton, North Carolina.The energy

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4 Mar 2019 09:41

Active Energy enters deal to acquire North Carolina production site

(Sharecast News) - Renewable energy and forestry management business Active Energy announced on Monday that, further to its update on 11 January, it has entered into an agreement with Alamac Holdings to acquire an industrial site in Lumberton, North Carolina.

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11 Jan 2019 09:54

Active Energy signs letter of intent for North Carolina 'CoalSwitch' plant

(Sharecast News) - Renewable energy and forestry management business Active Energy updated the market on its plans for the completion of the first industrial-scale 'CoalSwitch' production facility on Friday.

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11 Jan 2019 09:21

Active Energy Progresses CoalSwitch, SuperFuel And PeatSwitch Products

LONDON (Alliance News) - Renewable energy firm Active Energy Group PLC said Friday it is confident in the scale of commercial opportunities of its CoalSwitch and SuperFuel facilities following in

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10 Dec 2018 16:24

Ruffer Lowers Active Energy Group Holding To Below 5% From 9% (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC said Monday that Ruffer LLP reduced its stake in the company to below 5%.Prior to Monday's deal, Ruffer's holding in the company was

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30 Nov 2018 17:47

Active Energy Raises GBP1.5 Million In Share Issue To Advance Projects (ALLISS)

LONDON (Alliance News) - Renewable energy & forestry management firm Active Energy Group PLC said Friday it had raised GBP1.5 million through a share issue in order to progress its Energy at a

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26 Nov 2018 14:25

Active Energy Shares Jump 35% After Confirming Canadian Timber Permits (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC on Monday confirmed that it has been formally issued two timber permits in Canada, putting an end to a week of confusion over the grant of the in

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23 Nov 2018 14:51

PRESS: Newfoundland Minister Denies Issuing Permits For Active Energy

LONDON (Alliance News) - The Newfoundland Fisheries & Land Resources minister has denied approving two five-year commercial timber permits for Active Energy Group PLC, stating that there may

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22 Nov 2018 12:23

Active Energy Shares Suspended To Clarify Timber Permits Approval (ALLISS)

LONDON (Alliance News) - Shares in Active Energy Group PLC were suspended from trading on AIM on Thursday pending clarification of whether or not it has been issued commercial timber permits in a

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1 Nov 2018 12:44

Active Energy Looking For Directors After Managing Director Steps Down

LONDON (Alliance News) - Active Energy Group PLC said Thursday it is searching for new directors after Richard Spinks left the company's board to focus on his other business was the renewable

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