Altamaha Green Energy (AGE), a joint venture between Beasley Green Power, LLC and Rayonier Advanced Materials (RYAM), announced that the Georgia Public Service Commission has certified a Power Purchase Agreement for AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a 30-year period.
This approval marks a significant milestone in AGE's development of a renewable energy project aimed at producing sustainable electricity for the state of Georgia, according to the organisation.
Though still in the development phase, the AGE project aims to utilise renewable forestry waste, such as bark, tree limbs and other biomass generally discarded as waste, to generate sustainable electricity for Georgia residents.
The project is poised to meaningfully impact the growing demand for renewable energy while strengthening Georgia's forestry economy and boosting associated jobs. Additional information about the project will be shared as the project progresses.
"Altamaha Green Energy was formed in response to Georgia Power's competitive and public bidding process for renewable energy solutions," said Darrell Beasley, chairman of AGE.
"Combining our extensive expertise in renewable forestry operations with RYAM's world-class high-purity cellulose plant in Jesup, we are well-suited to contribute to Georgia's energy future."
Altamaha Green Energy receives certified Purchase Power Agreement
