Biomass News

Apr 29, 2021
Octopus Renewables, the specialist clean energy investor arm of Octopus Group, has acquired two operational UK biomass power plants. The plants, with a combined capacity of 85.7 MW, were acquired from a joint venture by Copenhagen Infrastructure Partners (CIP) and Burmeister & Wain Scandinavian Contractor (BWSC), in one of the largest deals of its kind in the UK. The two plants, located…
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Apr 29, 2021
LT Foods, a 70-year-old global food company has partnered with Humankind Group USA (HKG) to develop commercial-scale biomass plants in India. The two companies will seek to develop biomass facilities that recycle rice paddy straw into green energy and bio-fertiliser in India under its Environment Sustainability Programme. Air pollution in India is among the highest in the world. The…
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Apr 29, 2021
Drax Group has joined the Race to Zero, committing the company to science-based targets to fight the climate crisis. Led by the United Nations, Drax joins more than 2,000 companies worldwide that have signed up to the campaign, which brings together businesses, cities, regions, states, and universities with a joint commitment to net-zero targets to limit global temperature increased to 1.5oC…
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Apr 23, 2021
WWF, alongside other non-governmental organisations, has suspended its role in the European Commission’s (EC) Platform on Sustainable Finance over the bioenergy and forestry criteria included in the EU Taxonomy. With this step, WWF said it is protesting against the “greenwashing” of the forestry and bioenergy criteria in the climate taxonomy, and the process that led to these…
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Apr 21, 2021
The Association for Renewable Energy and Clean Technology (REA) has welcomed the publication of the UK Government’s Biomass Strategy Call for Evidence. The call for evidence aims to strengthen the government’s evidence base around biomass and will contribute to a review of the potential for biomass to support the UK’s net-zero goals. “The REA warmly welcomes the publication of the…
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Apr 19, 2021
ITOCHU Corporation has established Hyuga Biomass Power Generation and will build a 50 MW biomass plant in Japan’s Miyazaki Prefecture. The new firm is funded jointly by Osaka Gas Company, Tokyo Century Corporation, and Tokyo Energy & Systems and will construct a biomass power plant in Hososhima Industrial District in Hyuga City in Miyazaki. Under this project, ITOCHU will provide a…
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Apr 13, 2021
Drax Group has completed its acquisition of Pinnacle Renewable Energy – a major producer and supplier of compressed pellets. The acquisition received overwhelming support from both companies’ shareholders, with 95.7% of Pinnacle’s and 99.99% of Drax’s shareholders voting in favour. With this move, Drax transforms into a ‘truly’ international business, trading bioenergy from…
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Apr 12, 2021
Developing bioenergy with carbon capture and storage (BECCS) at Drax could save the UK energy system and consumers billions of pounds over the next decade, according to a new report. The independent analysis by energy consultancy Baringa, commissioned by Drax Group, evaluates the impact of deploying BECCS at scale as part of achieving the UK’s climate change targets. The report found that…
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Apr 12, 2021
Host is to build a large bioenergy facility in the Netherlands, at one of the world’s largest mushroom farms. The 12.4 MWth (thermal) plant in Ysselsteyn will produce low-emission energy from prunings and wood residues at the Organic Nutrition Centre owned by Sikes Group. The new bioenergy facility will result in greater independence from fossil fuels for the mushroom farm. The energy will…
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Apr 9, 2021
Drax Group has selected Solace’s event streaming and management technology to improve its IT architecture and help reduce the cost of delivery. Drax needed a unified, real-time view of its data to maximise the efficiency and the environmental footprint of its supply chain and energy production. Solace is now a key element of Drax’s Data and Integration Hubs, which allow easy access to data…
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Apr 8, 2021
Scandinavian company Solör Bioenergy Group has acquired Falbygdens Energi from Nordion Energi. Solör Bioenergy specialises in renewable energy based on wood fuels in Sweden and Norway, producing and distributing district heating, steam, and electricity to homes, companies, public enterprises and industries. The deal, which includes district heating and the fibre network in Falköping,…
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Apr 7, 2021
Pinnacle Renewable Energy has obtained a final order from the Supreme Court of British Columbia, approving its planned takeover by Drax Group. The arrangement, announced earlier this year, will see Drax’s wholly-owned subsidiary, Drax Canadian Holdings, acquire all outstanding shares of Pinnacle for $11.30 (€7.54) in cash per share. In a statement, Pinnacle confirmed that all of the…
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Apr 6, 2021
Omaezakikou Biomass Energy GK, which is managing the RENOVA-led Omaezakikou Biomass power generation project in Japan, has started construction on the facility. The plant, which will use wood pellets and palm kernel shells as a feedstock, will have a generation capacity of 74.95 MW – enough to power approximately 170,000 households - in Omaezaki City and Makinohara City, in Japan’s…
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Apr 1, 2021
Pinnacle Renewable Energy has received shareholder approval for the planned takeover by Drax Group. A meeting on 31 March saw an ‘overwhelming majority’ of Pinnacle shareholders vote in favour of the arrangement, through Drax’s wholly-owned subsidiary, Drax Canadian Holdings. The arrangement will see Drax’s Canadian business acquire all of the issued and outstanding common shares of…
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Mar 30, 2021
Clydesdale Bank has announced a £6 million (€7 million) investment to support North Yorkshire’s poultry sector using renewable energy. The funding, a collaborative effort between the bank’s renewable and agricultural divisions, has allowed biomass boiler company, Biomass Group, to acquire Richard Maxwell Ltd and provide renewable heating to poultry sheds. Owning and operating 12 MW…
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