Welcome to our dedicated page for Active Energy news (Ticker: ATGVF), a resource for investors and traders seeking the latest updates and insights on Active Energy stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Active Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Active Energy's position in the market.
Active Energy (OTCQB:ATGVF) has appointed Steve Schaar as Chief Operating Officer, bringing over 25 years of experience in biomass energy manufacturing. This strategic hire comes as the company nears the commissioning of its first CoalSwitch® production facility in Ashland, Maine. CoalSwitch is a clean energy pellet that can replace coal, reducing CO2 emissions by up to 99%. The Ashland facility is expected to begin operations in late spring 2023, with plans for future facilities to meet growing demand. Schaar's background includes leadership roles at Enviva Biomass, enhancing the company's ability to scale operations and meet market needs.
Active Energy (AIM:AEG, OTCQB:ATGVF) has received trademark registrations for CoalSwitch® from the US and UK patent offices. These registrations, with numbers 6,707,687 and UK00003838916 respectively, mark a significant milestone in expanding AEG's intellectual property portfolio. CoalSwitch® technology has demonstrated a potential reduction in CO2 emissions by up to 99% compared to coal and 97% relative to natural gas. Additionally, AEG has renewed its certifications for Chain of Custody and Controlled Wood, ensuring sustainable sourcing for its products.
Active Energy (OTCQB:ATGVF) has secured multiple new patents for its renewable energy technology, specifically for its CoalSwitch product, which is a sustainable alternative to traditional coal. The recently awarded patents in the US and Canada bolster the company's intellectual property and allow it to expand its market presence. The CoalSwitch technology, which can be produced without significant hardware changes, promises substantial reductions in emissions—up to 99% compared to coal. Furthermore, AEG is nearing the completion of its first commercial-scale CoalSwitch facility in Maine, set to be operational in late spring.
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