Sep 11, 2018
Pinnacle acquires 70% stake in Alabama Wood Pellet Industry
Pellets News
Aug 13, 2018
Enviva Partners has reported its financial results for the second quarter 2018, and announced two major contracts in Europe and Japan. The company has reported net second quarter revenue of $132.1 million, a 3.6% or $4.6 million increase year on year with the second quarter 2017. Adjusted EBITDA for the second quarter of 2018 was $21.1 million, compared to $23.3 million... [Read More]

Pellets News
Jul 6, 2018
On 21 June Moret Industries signed a contract worth approximately €50 million to supply a reversible plant for white and black pellets to Européenne de Biomasse. The unit, with an annual production capacity of 120,000 tonnes per annum, will be located in Pomacle-Bazancourt, Champagne-Ardenne, France. As well as the pellet plant, the Européenne de Biomasse... [Read More]

Pellets News
Apr 3, 2018
BioPower Sustainable Energy Corporation (BioPower) has announced the acquisition of the assets of the former Rentech pellet plant in Atikokan, Ontario. According to a statement, the agreement was made in December 2017, with BioPower’s acquisition of Rentech’s assets completed in January 2018. Rentech Atikokan manufactures commercial grade wood pellets for the... [Read More]

Pellets News
Mar 20, 2018
Biomass wood pellet supplier Y Pellets has appointed a new general manager. Chris Wilson joins the company in the wake of the recent announcement that Y Pellets is to invest £10 million in constructing a new wood refinery in Goole, East Yorkshire. Announcing the new facility back in February, Y Pellets claimed it was the first of its kind and only the second globally... [Read More]

Pellets News
Feb 26, 2018
The facility is going to use a patented process from ARC Applied Sciences, who claim that it will ‘revolutionise’ the UK’s biomass supply. Sourced from UK wood and using technology developed at the company’s first plant in Austria, the pellets from the plant in East Yorkshire are to be supplied nationally to domestic and commercial consumers. The... [Read More]

Pellets News
Feb 20, 2018
According to the company, called Helen, the plant is the largest pellet-fired boiler in Finland. The plant was opened 14 February. At capacity, the plant is fuelled with 21 tonnes of wood pellets per hour, generating heat for 25,000 one-bedroom apartments. “Helsinki is strongly committed to mitigating climate change. Carbon neutrality requires us to be a bold trailblazer... [Read More]

Pellets News
Feb 19, 2018
The company says that the acquisition will help meet the growing demand for biomass energy. The transaction took place 16 February; the amount payed for the facility was not disclosed. Earlier in 2018, Enviva created a joint venture with The John Hancock Life Insurance Company called Enviva JV Development Company, this purchase is the first by the new company. The purpose... [Read More]

Pellets News
Dec 1, 2017
Production has started at Drax Biomass’ (DBI) newest sustainable compressed wood pellet facility, LaSalle BioEnergy in Urania, Louisiana. “This is a very exciting moment, we have a dedicated and motivated work force that after months of upgrades, retrofits, and training is ready to produce,” said Pete Madden, President and Chief Executive Officer of Drax... [Read More]

Pellets News
Nov 27, 2017
Bord na Móna, an Irish energy company, will soon seek government approval for plans to invest €60 million in building a wood pellet factory in the US, according to the Irish Times. It was announced in September 2016 that the state owned company wanted to build a pellet plant in Georgia that would turn willow trees into pellets for export to the Republic of... [Read More]

Pellets News
Nov 16, 2017
Canada has been able to boost the amount of wood pellets it exports as it has been helped by countries like the UK who are shifting away from coal and turning to biomass, according to new resarch from the National Energy Board. The federal agency stated that exports of wood pellets in 2016 increased by 46% to 2.4 billion kg in 2016, compared to the same period the previous... [Read More]

Pellets News
Nov 10, 2017
Serbian pellet producer Eko Step Pellet has invested €3 million in a factory in Petrovac na Mlavi, according to media reports. The factory has 32 employees and was officially opened on 4 November, 2017, the administration of Petrovac na Mlavi, in  eastern Serbia, according to Balkan Green Energy News. "Eko Step has invested around 3 million euro to... [Read More]

Pellets News
Nov 3, 2017
Wood pellet giant Enviva has released its latest sustainability ‘Track & Trace’ sourcing data. According to the US-headquarted company, the release of this data demonstrates the company’s ongoing commitment to a sustainable and transparent supply chain. Enviva said that these data are a key tool used to measure, maintain and validate the company’s... [Read More]

Pellets News
Oct 24, 2017
576,521 US tons of pellets were produced in July 2017 in the US, according to the US Energy Information Administration (EIA). EIA has released the latest edition of its Monthly Densified Biomass Fuel Report, which looked at data submitted by 88 pellet facilities in the US. The 88 facilities included in the report have a combined annual pellet production capacity of 11,986,084... [Read More]

Pellets News
Oct 17, 2017
The European Pellet Council (EPC) has announced a record year for its wood pellet quality scheme, with over 8.1 million tonnes certified worldwide in 2016. According to a statement, EPC is anticipating 9.2 million tonnes of wood pellets will be certified by the end of 2017. A network in the European Biomass Association, the EPC is in charge of the ENplus wood pellet management... [Read More]

Pellets News
Sep 28, 2017
AIM-Listed energy company Aggregated Micro Power (AMP) Holdings has acquired the wood pellet assets and customer base of CPL Distribution for a cash consideration of £485,000 (€551.688). AMP said the deal was financed from its existing cash resources. CPL distribution is a UK-based coal and wood pellet specialist. In addition to the customer base, AMP said the... [Read More]

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