Last checked at 21 Jun 2023 07:00
Reach - non-regulatory announcement*
21 June 2023
Active Energy Group Plc
("Active Energy", "AEG", the "Company" or the "Group")
Award of trademarks
Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, is pleased to announce it has received a trademark for the registration of CoalSwitch® in the European Union.
The European Union Intellectual Property Office has issued Trademark Registration No. 018826869 for CoalSwitch®. The trademark follows earlier trademarks in the United States and UK and is an important step for AEG as it grows its intellectual property portfolio through the continued development of its CoalSwitch® technology.
AEG's next generation biomass technology, CoalSwitch®, has been shown to reduce CO2 emissions by up to 99 per cent. compared to coal and up to 97 per cent. compared to natural gas in an independent report from Life Cycle Associates. This is in addition to independent testing carried out under the STEP programme that showed this fuel can readily co-fire with coal and in doing so significantly reduces emissions and produces fewer pollutants.
Michael Rowan, CEO of Active Energy, commented: "The award of this trademark is another great step for AEG and the development of CoalSwitch®. We now have trademarks in the US, UK and European Union and we continue to focus on protecting and growing our intellectual property portfolio as we deliver on our strategy of producing a next generation biomass pellet."
Enquiries:
Active Energy Group Plc | Michael Rowan (Chief Executive Officer) Michelle Fagan (Chief Financial Officer) | info@aegplc.com |
Allenby Capital Limited Nominated Adviser and Broker | Nick Naylor/James Reeve/Daniel Dearden-Williams (Corporate Finance) Amrit Nahal (Sales/Corporate Broking) | Office: +44 (0)20 3328 5656 |
Camarco Financial PR Adviser | Tom Huddart / Emily Hall / Lily Pettifar | aeg@camarco.co.uk Office: +44 (0)20 3757 4980 |
Scoville PR US PR Adviser | John Williams | aeg@camarco.co.uk |
Website | ||
www.aegplc.com | www.linkedin.com/company/activeenergy
| https://twitter.com/aegplc @aegplc |
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