Active Energy CoalSwitch® plant to commence at Ashland, Maine

Active Energy Group plc (LON:AEG), the international biomass based renewable energy business, has announced that Player Design Inc has informed the Company that it has received the relevant permit for the construction and operation of a CoalSwitch® manufacturing facility at PDI’s site at Ashland, Maine. 

The Permit, which has been granted by the Department of Environmental Protection in the State of Maine, will: a) allow PDI to immediately commence the final stage of construction for the CoalSwitch® production plant at the Ashland Facility; and b) permit manufacturing operations at the CoalSwitch® Plant to commence. Under the terms of the Permit, PDI must provide certain additional data to the Department within an initial six-month period.

PDI has confirmed to Active Energy that construction of the CoalSwitch® Plant is due to be completed in Q3 2023 with first production of CoalSwitch® pellets being available for delivery to AEG’s potential customers during the same quarter. The initial annualised production volumes are anticipated by PDI to remain at a target rate of 35,000 tons per annum and Active Energy will make any CoalSwitch® produced available for delivery to the Company’s identified customers in the US and in Europe.

In conjunction with the developments at the Ashland Facility, Active Energy continues to receive increasing enquiries for the CoalSwitch® technology. In recent weeks, Active Energy has commenced work on additional joint venture production licenses in the US and is working on these licenses to develop the production technology to suit specific facilities. This will, the Company anticipates, further accelerate production volumes in US.

Tyler Player, President of Player Design Inc, commented:

“I am grateful for the support from the State of Maine for all their efforts to ensure a successful conclusion to the permit applications for our facility at Ashland. The project will now move to the final phase of construction and assembly at Ashland and the initial production of CoalSwitch® fuel. I look forward to making the first deliveries of fuel to Active Energy in the coming months.  I am confident of providing the operating data to the State of Maine which will allow for permanent operation of the CoalSwitch® Plant.”

Michael Rowan, CEO of Active Energy, commented: 

“We are delighted that PDI has received the Permit which will allow them to commence production of our next generation biomass fuel, CoalSwitch®.  Active Energy has continued to raise the profile of CoalSwitch® with potential customers, both in the US and internationally, and will be sending product to these customers immediately after first production. We look forward to working closely with PDI towards production and we would also like to thank the State of Maine for their ongoing support throughout this process.”

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