Active Energy Group PLCLSE Active Energy

Active Energy Group Plc engages in the renewable energy and forestry management business. The firm is focused on the production and development of biomass products. The firm operates through CoalSwitch segment, which denotes the Company’s renewable wood pellet business. The firm has developed a technology, which transforms waste biomass material into the renewable fuels. Its patented product, CoalSwitch, is a drop-in renewable fuel, which can be co-fired with coal, or replace coal as an alternative feedstock without requiring plant modifications or replace existing biomass feedstock resources. The firm is focused on the production and commercialization of CoalSwitch and further CoalSwitch fuel blends, which utilizes other waste wood and residual materials. Its CoalSwitch enables to deliver and operate process engineering plants for processing renewable raw materials and for converting renewable raw materials into fuels and propellants.