Business
Update re Revolutionary CoalSwitchT Plant
Update re Revolutionary CoalSwitchT Plant.
About this update from Active Energy Group Plc
[{"type":"text","content":"\n \nRNS Number : 9171X Active Energy Group PLC 30 November 2017 \n\nActive Energy Group Plc / EPIC: AEG / Sector: Alternative Energy\n \n30 November 2017\n \n Active Energy Group Plc ('Active Energy' or 'the Group')\nUpdate re Revolutionary CoalSwitch™ Plant \n \nActive Energy, the London quoted international biomass based renewable energy and forestry management business, is pleased to announce an update on its first CoalSwitch™ plant in Utah, United States ('the Plant'), which is set to deliver commercial quantities of the world's first 'drop-in' biomass fuel that can be mixed in any ratio with coal or completely replace coal in existing coal-fired power stations globally. To view the press release with images please use the following link: http://www.rns-pdf.londonstockexchange.com/rns/9171X_-2017-11-29.pdf \n \nHighlights\n· Construction of the first five-tonne-per-hour CoalSwitch™ plant will be completed in December 2017 followed by full commissioning and revenue generation thereafter\n· The plant will importantly demonstrate that the CoalSwitch™ technology can be scaled to full commercial production and reinforce that the proven science developed represents a disruptive force in the global biomass industry\n· Design on a modular basis allows further scale-up to any plant size and volume of production based on multiple modules of 5 tonnes-per-hour\n· Plant constructed as a demountable containerised system, enabling it to be relocated globally to capitalise on any available feedstock opportunity\n· CoalSwitch™ is a unique, high-calorific value advanced biomass pellet, that has all the characteristics of coal but with environmentally friendly/lower emissions\n· The CoalSwitch™ system has been tested and proven to efficiently convert multiple types of biomass and forestry waste and residuals; including sawmill and pulp mill by-products into a high energy and bulk density fuel products which are in demand globally\n· Strong commercial interest already received for pl...