Active Energy was established in March 2009 to manufacture and sell the VoltageMaster power optimiser as a solution for electricity and carbon reduction.

In September 2009, Active Energy was selected as a nominated supplier to the ESPO (Eastern Shire Purchasing Organisation) framework agreement for voltage optimisation equipment. This framework is open to the entire public sector.

During January 2010, Active Energy announced a strategic alliance with Southern Electrical Contracting (SEC), a subsidiary of Scottish and Southern. SEC selected VoltageMaster as the sole voltage optimiser to be offered to their customers. Active Energy has also been successful in winning a number of public sector tenders, most recently for the installation of VoltageMaster units in over fifty Ministry of Justice court houses throughout England.


There seems to be political wind supporting this company. Maybe they will come through financially too?

Woosh! Hotter than a CoalSwitch™ pellet! I am sure there is a lot more to come. It is probably not widely known that this product can replace coal for domestic use as well as commercial.

Rocky Mountain Power, a unit of Warren Buffet's Berkshire Hathaway Inc., plans to run full scale commercial tests of CoalSwitch™ at its thermal power plant in Utah. The results will be interesting!😊

You have been ploughing a lone furrow kim. I agree, the technology is starting to look interesting.

I hope I am right iturama! This coming week will be AEG's big moment, after 9 years of developing CoalSwitch™ they deserve success.

Interesting news release. It would be useful to know how this monetises but they are making good progress.

CoalSwitch plant to become fully operational this week.

Game changing. The future looks bright!

Up 25.76% today.

Nice. :-))

I hope there is a lot more to come!😊

Yes, nice move upwards. First time I've seen the award of options give such a boost to the price. :) Lot of US buying, I suspect.

Still moving up. May become the flavour of the month.

Already tasty!😊

£1 by Christmas...

Well, maybe 50p!😃

28 February 2018



Active Energy Group Plc ('Active Energy' or the 'Company')

Purchase Order with Young Living Farms



Active Energy, the London quoted international biomass based renewable energy and forestry management business, is pleased to announce that it has entered into an initial supply agreement with Young Living Farms ('YLF'), a leading agricultural company focused on essential oils production, for a new high value soil amendment product, utilising the Company's CoalSwitch™ process. This agreement marks a new revenue stream for the Company and also demonstrates the flexibility and commercial value of the Company's unique CoalSwitch™ process across multiple applications.



Overview:



· Agreement for YLF to supply Active Energy up to 6,500 tonnes of product, exploiting the Company's versatile CoalSwitch™ process at the Company's 's first commercial plant in Utah, United States;

· Feedstock for the process will be by-product from YLF's essential oil production - a waste stream for YLF, but a highly attractive feedstock for the CoalSwitch™ process;

· Product from CoalSwitch™ process will be used as a high value soil amendment product for the re-introduction to YLF's crop production cycle;

· Initial deliveries will begin in March 2018 for which the Company will receive payment on a per tonne basis;

· Agreement provides a foundation for a long-term relationship with YLF and the implementation of dedicated soil amendment plant to be installed on YLF's farm site at Mona, Utah in mid-2018; and

· Evaluation of roll out opportunities for additional soil amendment plants is being conducted with YLF, with three initial facilities located in the USA and Canada targeted.



Michael Rowan, Active Energy Non-Executive Chairman said, "The unique properties and applications of our CoalSwitch™ process is attracting significant attention from utility companies, government agencies and power plant operators. With today's announcement, we have expanded our commercial activity to the agricultural sector. Our unique process can be applied to target specific engineered soils, which remove potentially environmentally damaging waste streams and use this as feedstock. This engineered soil becomes an environmentally responsible alternative to the use of peat moss.



"We look forward to working closely with the YLF team over the coming months as we look to begin the wider roll out of dedicated soil amendment plants with further collaborations with YLF."

The first of many contracts hopefully!😊

The advantage of revenue bearing contracts is that it can likely finance growth through loans rather than going back to shareholders. Interest rates are still very low.

JV with Cobant signed in Poland.

Interesting. The equivalent of money for old rope.