Active Energy aims for timber licence in Newfoundland
"This marks the next milestone for the development of commercial activities for TIL in Newfoundland," said Michael Rowan.
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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"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
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some notable movers - risers and fallers- in London trade
The loss before tax for the six months was US$1.9mln, compared to a loss of US$339,000 in the same period last year
Advanced Biomass Solutions (ABS), AEG’s biomass affiliate, will construct and run the plants
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A glance at some of the day's highlights from the Proactive Investors newswire
Safestyle UK has more cash than it needs at present
California-based renewable energy group Lumino Capital will partner Advanced Biomass Solutions (ABS), AEG’s biomass affiliate
The restructuring plan is continuing with the focus on affiliate companies Advanced Biomass Solutions (ABS) and forestry business Timberlands International
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A galnce at thestories on teh Proactive Newswire today
Gross margins improved on the back of a strong first half performance to US$14.63 a tonne (2015: US$8.87 a tonne)
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A glance at the small cap stories on the Proactive newswire today
Some of the main risers and fallers in London at 3.45pm
Active Energy also said it is evaluating a number of other collaborative opportunities involving timber processing and the commercialisation of its CoalSwitch product
The pound has given up some of its recent gains, which has helped the internationally-focused firms on the FTSE 100
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A look at the week’s highlighted news for the junior oilers
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A glance at the stories on the Proactive newswire today.
Analyst Julie Simmonds at broker Panmure Gordon said: “No negative or positive read through on the likely outcome of the trial can be made from the statement”
With around an hour and a half of trading to go in London, the FTSE 100 was up about 11 points at 7,308, holding off the day’s peak of 7,322
The company said the reorganisation will allow it to focus more on its CoalSwitch and forestry management divisions
Some the largest risers and fallers in London at 1500: Infinity Energy, Zegona, Mobile Sytems
AEG said it plans to build the first commercial-scale plant for its revolutionary biomass product
FTSE 100 shares ended higher on Wednesday, thanks to buoyancy in the pharma and mining sectors while a US rate card was considered in the bag, priced and sold on the market
While the group is weathering the effects of political unrest in the Black Sea region as best it can, its CoalSwitch technology, which cleanses raw timber biomass, is the area that looks to offer the best growth opportunities
Some the biggest rises and falls in London at 12 noon: Beowulf, Duet Real Estate, Servision
Investments and investor services
FTSE 100 shares ended higher on Wednesday, as Unilever talked up a review to show more shareholder value and Lloyds Banking posted its highest profit in a decade
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After unveiling deals in India on both Wednesday and Thursday, Windar came up with seven more on Friday, including its first test in Korea.
The company has just drawn an initial US$2mln from a US$6mln five-year unsecured facility arranged in November with Dubai-based financier Linarus FZE
Pre-drill estimates for Lincoln suggested it was host to 250 million ‘recoverable’ barrels of crude. Hurricane says after early analysis that figure looks conservative.
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A glance at some of the stories on the Proactive newswire today
CEO Richard Spinks said the decision to take more shares was a vote of confidence in the company
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A glance at today's headlines on the Proactive newswire ...
Solar Plexus: the wellhead equipment rental firm enjoys its day in the sun
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Elsewhere, Haydale Graphene agrees a development deal with Araldite maker; Akers Biosciences hails its “highly successful” diabetes trial; Tissue Regenix signs it first European distribution agreements; plus much more…
Active has landed the financing for its first CoalSwitch plant which will produce around 35,000 tonnes per annum of the biomass
“This is a landmark moment for AEG,” said chief executive Richard Spinks.
The company first announced plans to issue shares to its major investor and its CoalSwitch joint venture partners at the end of October
BATM secures a contract down under; Victoria Oil & Gas starts development drilling in Cameroon; Allergy Therapeutics secures European patent; plus much more
AEG CoalSwitch had been developing an environmentally-friendly process that cleanses raw biomass
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Weekly round up of the top headlines from the world of oil
With a number of significant milestones attained and next steps identified, notably in the near-term, I believe these are truly exciting times for the company as we look to rapidly accelerate our growth and build shareholder value, across o
Investments and investor services
The FTSE 100 index closed lower in a widespread sell-off while the pound flirted with its lowest level against the euro since the Brexit vote
Active Energy has three stand-alone, but complementary divisions
unds raised will be used at the Yuzhny Port in Ukraine to buy and install a new fixed chipper
Investments and investor services
Investors have subscribed for 16.5mln Acorn Minerals shares at 15p a pop, raising the company £2.48mln. Shares rose to 13.25p.
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Round up of this week's oil news from the world of Proactive.
Spinks told investors there is a firm foundation for the company to expand, grow market share and enhance its financial performance.
Alliance Pharma has doubled its sales after last year’s acquisition; Solo Oil gets some more good news from Horse Hill; DP Poland enjoyed a strong first half; plus much more…
The memorandum of understanding covers around 186,500 hectares of mature trees in northern Ukraine.
Active Energy chief on “transformational period”; Aureus Mining is sold to a Turkish conglomerate; and Highlands Natural Resources announces sale of its helium assets.
Frank Lewis is stepping down to pursue his other business interests
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Venn Life Sciences win bigger contracts, Cello Group's VAT dispute and Westminster Group set sail (finally).
Board room coups are in the offing at CPPGroup and Nyota Minerals.
AIM's oil names rallied as Brent crude advanced back about $40 for the first time in months.
Here are some significant movers at around 4.15pm ...
CoalSwitch is an environmentally-friendly process that cleanses the raw biomass by removing salts, minerals and other contaminants that harm the atmosphere and damage power plant furnaces.
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A summary of the main stories on the Proactive newswire today
Dan Shaw has been appointed as director of Business Development of the AEG CoalSwitch division
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China Nonferrous Gold said non-executive director Abuali Ismatov has today resigned from the board for personal reasons.
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A rollercoaster day saw the index open higher but head lower
Shares in Active Energy rose 9% after the group told investors it had won US$50mln in wood fibre orders.....
FTSE 100 has dropped back close to a three-year low since the start of the new year
FTSE 100 was 30 points lower at 5,774 with oil stocks again bearing the brunt
Empyrean's exist from a US shale project looks well-timed
AIM-listed Active Energy Group is fast becoming a mover and shaker in the MDF market.
Investments and investor services
Sunrise Resources, Optibiotix Health and ITM Power also had news out
Active Energy (LON:AEG) told investors it expects to ship over 220,000 tonnes from its wood fibre business this year - a 43% increase on the 154,103 tonnes achieved in 2014 as it reported progress across all operating divisions...
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Highlights of the news developments from the growth companies universe
Investments and investor services
A number of tech and mining companies had news out today
The move to electric from diesel driven lines will reduce costs significantly, while output is expected to grow four-fold once new machinery is fully up and running.
Investments and investor services
There was a lot of news from the small cap space today
Active Energy has played down a newspaper report, stating the company claimed it could save one of Britain's largest coal power stations from closing. .
Eggborough power station - one of Britain's biggest - is just one plant, which has been talking to its AEG CoalSwitch joint venture, says AIM firm Active Energy (LON:AEG).
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The end of quarter is approaching so companies were rushing out end-June trading updates, leading to a very heavy news day.
Spinks says Active Energy is in an “even stronger position” to create shareholder value
Investments and investor services
After lunch, investors were not willing to carry much risk into the American session.
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Gem Diamonds was just one of many news items on a busy day in the small cap universe.
Investments and investor services
Below are the main news-driven share price movements at 4pm.
The environmentally-friendly process cleanses the raw biomass by removing salts, minerals and other contaminants that harm the atmosphere and damage power plant furnaces.
There was a lot of news this week in the small cap mining space...
Investments and investor services
Miners fall as Beijing's move sparks commodity demand fears
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Pure Wafer shareholders are set for a pay-out worth more than last night's closing value of the shares.
Demand from its customers in Turkey remains extremely high but a couple of one-off issues mean full-year profits will be significantly below expectations.
Investments and investor services
On a busy day in the world of small caps, Tethys Petroleum caught the eye...
Investments and investor services
Athens officials are quite hopeful about achieving the third bailout, but UK traders don’t seem share their optimistic outlook.
Active Energy has named a legal and corporate finance expert as a new non-exec director.
The biomass group owns 45% of the joint venture, KAQUO, which was formed in July last year to commercialise 108,000 acres of forests.
Investments and investor services
There was a lot of news in the world of small caps today, starting with Tethys Petroleum
Investments and investor services
The mergers & acquisitions season appears to have started.