Active Energy Group share price, company news, analysis and interviews

Active Energy plc (LON:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, has announcd it has been awarded a further patent from the US Patent and Trademark Office with respect to the Company’s proprietary technology for process for beneficiating and cleaning biomass (US Patent No. 11,702,607). The patent awards Active Energy with the rights to exclude others from making, using, and selling any apparatus or system that includes the Company’s existing CoalSwitch existing production technology. Active Energy’s patented system includes a reaction vessel that increases exposure of biomass within the reaction vessel to steam. This latest-issued patent complements earlier patents that Active Energy

Active Energy Group (LON:AEG, OTCQB: ATGVF) the international biomass based renewable energy business, has announced awards under the Company’s new long-term incentive plan.  The LTIP, which was approved by the Company’s shareholders at the annual general meeting held on 11 July 2023, has been designed to incentivise the Company’s Directors and members of the Company’s senior management team. The LTIP has been established to promote long-term value creation for Active Energy’s shareholders and to align the interests of the Participants with shareholders. Awards under the LTIP take the form of premium priced options over the Company’s ordinary shares of 0.35 pence each.  Once exercised, the Participants are

Active Energy Group (LON:AEG, OTCQB: ATGVF), the international biomass based renewable energy business, has announced the appointment of Barron Hewetson as the Company’s Chief Technology Officer, with effect from 1 July 2023, to focus on the development of CoalSwitch® production in the United States. Barron’s role will initially be in a non-Board capacity. Barron joins Active Energy from Enviva Biomass Inc., where he has worked since 2016. At Enviva, he has served in a number of roles, most recently as the Director of Innovation and Product Management. During his time in that role, Barron diversified Enviva’s production portfolio by negotiating contracts in new industry sectors