Active Energy gears up to start CoalSwitch production
The aim is to roll CoalSwitch out in areas where AEG can source high volume feedstock.
Company
LON:AEG
Active Energy Group PLC is advancing a diversified portfolio of renewable energy solutions, including solar, wind, and battery storage, to meet the growing global demand for clean, sustainable power. The company is committed to accelerating the energy transition by integrating innovative technologies and resilient financial strategies, including a cryptocurrency treasury comprising assets like Bitcoin and Ethereum. At the core of its growth strategy is its internationally IP-protected technology, CoalSwitch®—a revolutionary biomass-based, drop-in replacement for coal. With this proprietary clean fuel, Active Energy aims to lead the shift away from fossil fuels, leveraging CoalSwitch to scale its impact and drive the next phase of sustainable energy innovation.
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The aim is to roll CoalSwitch out in areas where AEG can source high volume feedstock.
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A glance at some of the day's highlights from the Proactive Investors newswire
All the key equipment is en route from its previous site in Utah to its new location
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A glance at some of the day's highlights from the Proactive Investors newswire
The firm pointed out that the North Carolina site will serve as its first permanent commercial production facility and the primary base for all CoalSwitch operations in the US
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
The US$500,000 building re-use and renovation grant will help fund the development of the plant in Lumberton, North Carolina
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The UK blue-chip index finished up around 63 points at 7,523
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A look at the day's major movers, including The Mission Marketing Group, Sirius Minerals, 7digital, Nuformix, Defenx and Shearwater
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A glance at some of the day's highlights from the Proactive Investors newswire
SuperFuel is a combination of AEG's CoalSwitch product and waste coal materials
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The International Monetary Fund issued a warning, saying a "no-deal" Brexit would send the British economy into severe shock
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Some of the main news-driven risers and fallers in London on Wednesday…
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A glance at some of the day's highlights from the Proactive Investors newswire
Active Energy announced the US$3.3mln (£2.5mln) acquisition of Lumberton from vendor Alamac on 4 March, with the deal to be funded by a US$3.41mln convertible loan note
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Mrs May reportedly told MPs that she will resign before the next phase of the Brexit negotiations.
AEG will pay vendor Alamac US$3.3mln (£2.5mln) to be funded by a US$3.41mln convertible loan note. The Lumberton site is fully permitted for operations.
The placing will see 149.5mln shares issued at 1p per share with warrants attached.
The board believes that a conclusion to the contract review is imminent
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
Hardware & electrical equipment
The new money will help develop forestry management programmes and to commercialise coal replacement fuel
The UK blue-chip index finished over 46 points higher, at 7,555..
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A look at some of the biggest risers and fallers in London.
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A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
The group ended the year with US$142,049 in cash and cash equivalents
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The market has been seeming complacent on Trump’s tough protectionist rhetoric..until now
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A glance at some of the day's highlights from the Proactive Investors newswire
The AIM-listed alternative energy group said testing by the Polish government laboratory showed that the new fuel met requirements under new AntiSmog legislation
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It is the second time Trump has mentioned the issue of high oil prices, having previously mentioned it in April
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the main news-driven risers and fallers in London on Monday afternoon ...
The plant will be built on the site of YLF's lavender farm and essential oil distillery located near Mona, Utah.
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The UK pound shed 0.38% against the Euro, while it was off 0.30% against the US dollar.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London on Thursday
As part of the proposed agreement and subject to available funding, Active Energy will build an initial 25 tonnes per hour CoalSwitch plant at the PowerWood site to produce the company's unique biomass fuel pellet
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FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the biggest risers and fallers in London on Thursday.
Investments and investor services
It's the first Friday of the month, so naturally much of the attention was on the US non-farm payroll report.
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
Oil prices have recovered over the past year which has led to companies setting up more rigs; good news for Enteq, an oilfield services provider
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FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
A glance at this week’s top stories from London’s junior oilers
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Friday
The top-share index rallied in the afternoon session to close at 7,164, up 24 points on the day
Polish group Cobant is the latest partner and will work with AEG to develop a new "Super Fuel" that combines CoalSwitch and reclaimed coal
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Tuesday
Poland is considered one of the most polluting coal-burning countries in Europe
FTSE 100 finished almost 76 points lower at 7,138, while the FTSE 250 lost over 254 points at 19,863.
Active Energy said that this agreement marks a new revenue stream for the company and also demonstrates the flexibility and commercial value of its unique CoalSwitch process across multiple applications
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
The index of blue-chip shares eased off a little in the final half-hour
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A glance at some of the day's highlights from the Proactive Investors newswire
The board looks forward to supporting Evans-Jones and his team as they focus exclusively on the commercialisation of CoalSwitch biomass fuel in South East Asia, which it sees as a key market
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the London market's biggest risers and fallers on Monday
“This is clearly an inflection point in the development of our business," said Richard Spinks, Active Energy chief executive
The UK blue chip index closed down 108.45 points at 7.334, which had been the session low
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Tuesday…
The results were as management expected and the plant is now undergoing full commissioning which Active expects to be completed within the next few weeks or so
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers on Monday in London
The UK blue chip index closed up 46.44 points at 7,537
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A glance at some of the day's highlights from the Proactive Investors newswire
We take a look at some of the major movers - risers and fallers - in London on Friday.
The group’s first five-tonne-per-hour biomass fuel plant in Utah will be completed next month
A slump in the value of the pound was, as usual, a signal for investors to pile into FTSE 100 stocks
The construction of the first five-tonne per hour CoalSwtich biomass plant is nearing completion
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Some of the biggest risers and fallers in London on Thursday
Coalswitch plants produce a unique, high-calorific, high bulk density, advanced biomass pellet that is a greener alternative to coal as a fuel
Investments and investor services
The blue-chip benchmark closed in negative territory as sterling rose
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
“The support from new and existing shareholders for our roll out strategy, which we want to accelerate due to the high levels of interest we are receiving, is a great endorsement”
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At around 3.55pm, the UK blue chip index was up 5 points to 7,498
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some the biggest risers and fallers in London today
"This marks the next milestone for the development of commercial activities for TIL in Newfoundland," said Michael Rowan.
In a joint news conference held later in the day, Barnier admitted that some progress had been achieved on citizens' rights and Ireland's common travel area