Granting of European Patent
European patent allowed for Process for Beneficiating and Cleaning Biomass, strengthening CoalSwitch technology intellectual property.
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Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, is pleased to announce that its European patent application has been allowed under Patent Application 18 171 014.6 for its innovative "Process for Beneficiating and Cleaning Biomass" (the "Patent").
This forthcoming Patent strengthens the intellectual property portfolio underpinning the Company's CoalSwitch® technology, a next-generation solution for producing high-performance, sustainable biomass fuel.
The newly allowed patent application will grant protection in several EU countries reinforcing Active Energy's innovation in the global biomass industry. This milestone underscores the Company's ongoing commitment to innovation and commercialising its proprietary technology to unlock maximum value in the CoalSwitch® asset.
The Company continues to drive forward and gain opportunities for the large-scale deployment of CoalSwitch®, supporting the transition to cleaner energy while enhancing sustainability in the biomass sector. We remain focused on leveraging our expanding IP portfolio to create long-term value for our shareholders and stakeholders alike.
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