Active Energy Group targets Polish coal dumps with CoalSwitch venture
Poland is considered one of the most polluting coal-burning countries in Europe
Company
Active Energy Group PLC
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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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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Active Energy’s CoalSwitch plant moves a step closer to full-commissioning after successful initial testing
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
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