News

RusForest, a Swedish forestry company with operations in Russia, has signed a long-term contract for pellet sales from the company's LDK-3 wood pellet mill in Arkhangelsk. RusForest has entered into a sales contract for 60,000 tonnes of pellets, a majority of the company's annual pellet production. The pellets, which will be sold through a trading house focused on bioenergy, are expected to be…
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Schmack Carbotech, a supplier of complete systems for biogas projects, has been awarded a contract to build a plant, with a processing capacity of 2,000 Nm3/hr of raw biogas, in Sofielund Huddinge, Stockholm. Gas with a methane content of 97% after purification will be produced for use as a biofuel in vehicles powered by natural gas. Locally sourced organic waste and leftover cooking grease will…
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The UK Green Investment Bank (GIB) is investing £64 million (€80.8 million) into a new energy from waste plant in Derby. The project is being developed by Derby City and Derbyshire County Councils, alongside sponsors Interserve and Shanks Group. GIB will provide long-term loan financing alongside Germany's Bayerische Landesbank and Japan's Sumitomo Mitsui Banking, with each bank…
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Renewable energy providers Procter & Gamble move forward with their biomass facility in Georgia, US. The $230 million (€178 million) biomass facility has got permission from local officials to continue with the build and have received some tax incentives to bring the plant to operation. The project has seven partners including Georgia Power, the Georgia Public Service Commission,…
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In the UK, Willen Biogas is developing a 27,000 tonne per year biogas plant at Cattlegate Farm in Enfield, London. Willen Biogas is owned by the investment funds Foresight Environmental Fund (FEF) and UK Waste Resources and Energy Investments fund (UKWREI), with both funds managed by Foresight Group, and by Adrian Williams, Howard Williams, Brian Williams and Mark Lennon. 'This is the second…
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A 37.5MW biomass plant bought out of foreclosure by a Virginia-based financier has been brought online and is feeding power into the electricity grid of Connecticut, US. On 6 January Leidos Holdings, an engineering, national security and health solutions company which acquired the Plainfield Renewable Energy biomass power plant in October 2013, announced the project reached 'substantial…
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Alberta-based Climate Change and Emissions Management (CCEM) now supports 51 renewable energy projects with $213 million (€157 million) in funding after adding 12 new projects between 2012 and 2013. CCEM said in a statement just over $108.2 million is used to support technology at later stages of development, which will produce near-term greenhouse gas emission reductions. The company's…
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The New York Green Bank has started operations and will work to stimulate private sector financing to accelerate the transitions to a more cost-effective, resilient and clean energy system. The NY Green Bank is the largest bank of its kind in nation. Governor Andrew Cuomo made the announcement, declaring the bank is now seeking proposals from private sector lenders, investors and industry…
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Azcuba, a Cuban sugar holding company, could build up to 19 biomass power plants in the nation, with up to 765MW of production capacity, it has been reported. The renewable facilities, some of which would be attached to existing sugar mills, will handle bagasse. The project could cost up to $1.7 billion (€1.2 billion).
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An extension has been approved by Deschutes County, Oregon, US for Biogreen Sustainable Energy (BSG) to construct a long-delayed biomass plant in La Pine. This is the fourth extension the company has received for the 25MW facility, which was pushed back further and further due to economic issues and uncertainty in the energy market. BSG will meet with La Pine officials in due course to discuss…
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RusForest, a Swedish forestry company with operations in Russia, has sold its subsidiary, Ystad Pellets. Ystad Pellets owns a non-core wood pellet mill that has been idle for several years in Ystad, Sweden. RusForest expects to receive a total net amount of $600,000 (€446,500 million) in cash from the transaction. It has already received $200,000 of this amount from the buyer. Payment of the…
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Global wood pellet demand could more than double in the next 10 years, growing from around 23 million tonnes in 2014 to 50 million tonnes in 2024. This is according to a new study carried out by RISI, an information provider for the global forest products industry. 'It's a really exciting time to be looking at the wood pellet market. We're seeing strong demand in the European heating sector as…
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UK biogas investment firm Iona Capital has completed its investment in a Charlesfield, Scotland-based anaerobic digestion (AD) plant. The plant will process a mixture of farm generated waste and inject biomethane directly into the local gas grid. This project follows Iona's first Scottish project, located in Perth, which is expected to start its commissioning process shortly. The company's latest…
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The wood pellet production facility being built by Rentech in Atikokan in the Canadian province of Ontario has commenced start-up. The company says the plant will undergo safety inspections, equipment testing and final commissioning in the upcoming weeks. 'I'm pleased to reach this important milestone at the Atikokan facility,' comments Sean Ebnet, senior VP of Rentech's wood fibre business. 'Our…
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