18:00 Thu 03 Dec 2020
Active Energy Group - Engineering progress at CoalSwitch plant Lumberton
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
Active Energy Group Plc
("Active Energy", "AEG", or the "Company")
Engineering progress at CoalSwitch™ reference plant at Lumberton
Active Energy, the
Highlights:
· Player Design Inc. ("Player Design") were appointed in
· Additional equipment has been sourced and Active Energy has commenced the procurement process
· Construction crews will commence work in
· AEG is in active discussions with prospective customers for the delivery of the next generation biomass fuels, including CoalSwitch™ in the
Following the award of the Air and Construction Permit (the "Permit") by the NC Division of Air Quality ("DAQ") in
Over the last 8 weeks, Player Design performed an independent analysis of the CoalSwitch™ process, and plant design, with particular reference to the emission control system in accordance with the requirements of the Permit. This analysis has resulted in some changes to the existing design and specification for the Plant to ensure that the new plant can be an operating platform to produce the first versions of biomass fuels with CoalSwitch™ specifications and operate with an initial capacity of up to 3 tonnes per hour.
The revised plant design has utilised much of the equipment used in the previous design developed in
Both AEG and Player Design anticipate commissioning of the Plant to commence in Q2 2021 to enable the first deliveries of CoalSwitch™ fuels before mid-year. AEG is also currently in active discussions with a number of prospective utility and power customers in the
"Working with Active Energy provides Player Design with a unique opportunity to better understand the capabilities of next generation biomass fuels, using waste resources and in particular the impact CoalSwitch™ will have. Our work to date has already validated Active Energy's initial analysis on CoalSwitch™ and we now look forward to working with the team to have the commercial scale Lumberton facility in production as soon as possible and then on further CoalSwitch™ projects with Active Energy."
"We have been making rapid progress at Lumberton since the award of the Permit in
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
ENDS
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