Active Energy announces opening of CoalSwitch Plant
Source - SMW
Active Energy, the London quoted international biomass based renewable energy and forestry management business, said Monday its CoalSwitch plant in Utah will be opened during the week commencing 5 February 2018.
Active energy, or AEG, said it believes CoalSwitch represents a 'disruptive force' in the global biomass industry as it a high-calorific, high-bulk density, advanced biomass pellet that 'behaves just like coal,' but with all the environmental benefits of clean biomass.
Richard Spinks, Active Energy CEO said: 'With the Plant operational, AEG can now demonstrate the delivery of commercial quantities of CoalSwitch.'
'This is clearly an inflection point in the development of our business and we are delighted to welcome a select group of parties to visit the Plant this week.'
At 9:24am: (LON:AEG) Active Energy Group share price was +0.05p at 3.75p