
Feb 25, 2022
Canfor to sell Mackenzie, BC forest tenure for $70m
Pellets News
Feb 24, 2022
Drax Group said 2021 was a “transformational year” for the company in its full-year financial results.
The organisation reported adjusted EBITDA of £398 million (€477 million), compared to £412 million (€493 million) in 2020. Adjusted EBITDA from continuing operations was £378 million (€453 million), up from £366 million (€438 million) in 2020. Pre-tax... [Read More]
Biomass News
Feb 23, 2022
High winds have severely damaged a Canadian biomass power plant, causing it to shut down.
The Nova Scotia facility, owned by Emera Energy, will be out “for the foreseeable future”, according to reports. The site generates energy using a 30 MW steam turbine powered by biomass.
Emera Energy’s spokesperson Dina Bartolacci Seely confirmed to CBC News that high... [Read More]
Biomass News
Feb 23, 2022
The first-ever biocoal trial to be undertaken on a standard gauge steam locomotive has been completed on a railway in West Yorkshire, UK.
On 14 February, the 2-6-0 locomotive was fired using a batch of Homefire Ecoal developed by CPL Industries, which uses a blend of biomass. The trial took place on the Keighley and Worth Valley Railway and has been hailed a ‘milestone’... [Read More]
Biomass News
Feb 23, 2022
A new study shows bioenergy with carbon capture and storage (BECCS) could create 28,000 jobs in Sweden.
Stockholm Exergi commissioned consulting company Implement Consulting Group to carry out the study, which found BECCS has the potential to become a new industry with positive economic effects for Sweden.
Stockholm Exergi has, with the support of the Swedish Energy... [Read More]
Biomass News
Feb 18, 2022
Japanese trading and investment business conglomerate, Marubeni Corporation, has agreed to develop decarbonisation projects, including BECCS, with PT Pertamina - an Indonesian state-owned oil and natural gas enterprise.
The companies signed a memorandum of understanding to jointly develop a range of projects, including a BECCS project at Marubeni’s pulp mill in Indonesia,... [Read More]
Biomass News
Feb 17, 2022
Veolia and Braskem, a US-based thermoplastic resins and polypropylene producer, have signed a R$400 million (€68.5 million) investment agreement to produce renewable energy from biomass in Brazil.
The project will use steam from eucalyptus biomass in the state of Alagoas to generate renewable energy. The project will generate 900,000 tons of steam per year for 20... [Read More]
Biomass News
Feb 16, 2022
Quebec-based renewable energy producer Boralex has agreed to sell its 34.5 MW Senneterre power plant – the last biomass plant in its portfolio.
The facility has been purchased by Resolu Forest Products Canada, a company that has supplied by-product for the plant for the past two years.
As set out in its updated 2025 Strategic Plan, Boralex is looking to accelerate... [Read More]
Biomass News
Feb 16, 2022
French investment fund Pearl Infrastructure Capital has to date invested more than €50 million in biomass co-generation plants in Croatia.
According to Total Croatia News, Pearl shared the information at a recent presentation of its projects in Virovitica.
The three plants, located in eastern Croatia, generate 18 MW of electricity per hour from biomass. These are... [Read More]
Biomass News
Feb 11, 2022
A consortium of Japanese companies has agreed to acquire Solariant Capital’s 52.7 MWp biomass power plant – Fukuyama Biomass Power Plant GK.
Chubu Electric Power Co, Inabata & Co, Taihei Dengyo Co, Tokyo Sangyo Co and Hitachi Zosen Corporation entered into an agreement with Solariant, a renewable investment and development company based in Pasadena, California,... [Read More]
Policy News
Feb 10, 2022
The UK Government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme, to boost investment and jobs in renewable energy.
CfD auctions will now take place every year rather than every two years. This will support renewable electricity producers and boost the UK’s renewable energy infrastructure.
The Association for... [Read More]
Pellets News
Feb 10, 2022
Pinnacle Renewable Energy and Drax Group’s US pellet business, Drax Biomass, are rebranding to ‘Drax’.
The move supports the group’s growth strategy, climate goals and relationships with people, including colleagues, communities, partners, customers and suppliers.
Drax Group acquired Pinnacle, which has operations across British Columbia and Alabama, US,... [Read More]
Pellets News
Feb 10, 2022
Drax Group is ramping up to full production at Leola – the first of three new satellite pellet plants planned for Arkansas.
Leola, in Grant County, Arkansas, is part of a $40 million (€34.8 million) investment by Drax in the state. Including Leola, Drax operates six pellet plants in the US, which use biomass sourced from sustainably managed working forests in Louisiana,... [Read More]
Pellets News
Feb 9, 2022
Sawlog supply in the US South is tightening, but a surplus of small logs and residues creates opportunities for pulp and wood pellet expansion.
Wood Resources International (WRI) shared its new focus report, ‘US South Softwood Industry – Outlook for the World’s Most Important Softwood Fiber Basket’, establishing a fact base around forest resources and industry... [Read More]
Policy News
Feb 8, 2022
Environmental law organisation ClientEarth has filed an internal review request to the European Commission for “unlawfully labelling bioenergy, bio-based plastics and chemicals used to make plastics as ‘sustainable’ in the EU taxonomy”.
An internal review request is the first step non-governmental organisations must take before being able to bring a court challenge.... [Read More]
Policy News
Feb 7, 2022
A report into the decarbonisation of heating in UK homes does not consider the range of renewable technologies available, including biomass and biomethane, according to the REA.
The REA welcomed the report’s finding that there is much more to be done to decarbonise home heating, but warned it “fails to consider” the potential of green gases, such as biomethane.
The... [Read More]
Biomass News
Feb 7, 2022
SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire an 80% equity interest in a high-efficiency biomass cogeneration plant in Portugal for €22 million.
SEEIT is the first London Stock Exchange-listed investment company of its kind to invest exclusively in the energy efficiency sector. The firm acquired an equity interest in the Sociedade de Iniciativa... [Read More]