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May 3, 2022
New Bunge holdings bought by Checchi Capital Advisers
Biomass News
Apr 28, 2022
Greencoat Capital has acquired Margam Green Energy Plant (MGEP) – a waste wood-fired biomass plant in South Wales, UK from Glennmont Partners. MGEP has been operational since May 2019 and is one of the UK’s largest biomass plants, with a processing capacity of around 290,000 tonnes per year of waste wood. The facility’s net capacity of 41.8 MW can offset around... [Read More]

Biomass News
Apr 27, 2022
UK-based Stobart Energy, which processes waste wood into biomass fuel, has been renamed as Esken Renewables. The company supplies around 1.7 million tonnes of fuel to dedicated biomass plants across the UK. The fuel is used to generate renewable energy equivalent to the annual domestic electricity needs of 2% of the population. The name change follows parent company... [Read More]

Pellets News
Apr 26, 2022
Stora Enso has agreed to divest its two sawmills and forest operations in Russia. The company’s Nebolchi and Impilahti sawmills will be divested to local management. The divestment includes Stora Enso’s Russian forest operations, which supply wood to the sawmills. Stora Enso’s assessment is that, due to uncertainties in the Russian market, local ownership and... [Read More]

Biomass News
Apr 25, 2022
The Dutch Government has decided to immediately stop new subsidies for woody bio-based raw materials for low-grade heat. The decision specifically concerns the production of low-temperature heat (100oC) from woody bio-based raw materials. This heat is mainly used for heating buildings and greenhouses. Minister Jetten for Climate and Energy said: “Bio-raw materials... [Read More]

Biomass News
Apr 20, 2022
The Sustainable Resources Verification Scheme (SURE) has been approved by the European Commission as a voluntary scheme that enables economic operators within the bioenergy industry to show compliance with the legal requirements of RED II. Under the revised Directive (EU) 2018/2001, the EU sustainability criteria have been extended to cover biomass for heating and cooling... [Read More]

Biomass News
Apr 19, 2022
Drax, Eco Verde Energy, Privilege Finance, and Future Biogas are among the finalists of the 2022 British Renewable Energy Awards. More than 100 finalists have been chosen across 16 categories in the awards, hosted by the Association for Renewable Energy and Clean Technology (REA). The categories range from Installer of the Year through to best Young RE Professional. “I... [Read More]

Pellets News
Apr 11, 2022
Solariant Capital, a renewable energy investment and development company headquartered in California, has agreed to sell its 50 MW Tahara Biomass Power Plant project. A consortium of Japanese companies including Japan Petroleum Exploration Co, Shizouka Gas & Power Co, Tokyo Energy & Systems, Kawasaki Kinkai Kisen Kaisha, Daiichi Jitsugyo, and Iwatani Corporation... [Read More]

Pellets News
Apr 8, 2022
Groupe Lebel will build a new wood pellet plant in Quebec’s Cacouna municipality. The first phase of the plant’s operations will begin in 2023 with an annual capacity of nearly 100,000 tonnes of wood pellets. Groupe Lebel aims to ship the majority of its production to growing international markets. “The plant will help us optimise our growth plan,” said Louis-Frédéric... [Read More]

Pellets News
Apr 7, 2022
Drax will deliver a series of events that will provide UK Businesses with information on how they could win contracts to deliver its BECCS technology. The company is teaming up with Worley, its engineering, procurement, and construction partner; UK energy sector business development organisation NOF, and the West & North Yorkshire and Hull & Humber Chambers... [Read More]

Pellets News
Apr 6, 2022
Drax has opened a new pellet plant in Demopolis, Alabama, bringing new jobs and economic opportunities to the town. At full capacity, the Demopolis plant – Drax’s second pellet production facility in the state – will produce 360,000 tonnes of sustainable biomass pellets annually. Drax’s pellet plants help support employment and opportunities across the wider... [Read More]

Pellets News
Apr 6, 2022
Enviva will invest $250 million (€229 million) in a new wood pellet production facility in Bond, Mississippi. The facility is a key component of Enviva’s growth strategy to double pellet production capacity from 6.2 million tonnes annually to around 13 million tonnes over the next five years. The plant is fully contracted under long-term take-or-pay supply contracts... [Read More]

Other News
Apr 5, 2022
Bioenergy and BECCS have an important role to play in climate change mitigation, but there are concerns over sustainable feedstock sourcing and large-scale deployment, according to the latest Intergovernmental Panel on Climate Change (IPCC) report. Without immediate and deep emissions reductions across all sectors, limiting global warming to 1.5oC is ‘beyond reach’,... [Read More]

Other News
Apr 4, 2022
The European Commission has signed grant agreements of €1.1 billion with seven large-scale low-carbon technology projects, including a BECCS development. Allocated via the EU Innovation Fund, the grants are funded by revenues from the EU’s Emissions Trading System. The projects aim to reduce emissions by over 76 Mt of CO2 equivalent (CO2e) during the first 10... [Read More]

Other News
Apr 4, 2022
RNG and biofuel projects have received a share of over $12 million (€8.7 million) in funding from the Government of Canada. The government is making investments to enhance Canada’s competitive advantage, diversify market opportunities, create jobs, and achieve its emissions reduction targets. At the GLOBE Forum 2022, Jonathan Wilkinson, Minister of Natural Resources,... [Read More]

Biomass News
Apr 1, 2022
Babcock & Wilcox (B&W) has partnered with Kiewit Industrial to deliver Fidelis New Energy’s planned biomass plant and carbon capture project in Louisiana, US. The net-negative carbon impact biomass plant will be built at the Port of Greater Baton Rouge. At 200 MW, it will be the largest plant of its kind in the world. The facility will use wood chips, wood... [Read More]

Pellets News
Mar 31, 2022
Active Energy Group (AEG) has agreed to sell its Lumberton, North Carolina site for $4.65 million (€4.1 million). The biomass-based renewable energy company that developed CoalSwitch clean energy pellets entered into a sale and purchase agreement with Phoenix Investors for the sale of its facility. Phoenix Investors is a US-based commercial real estate firm, the core... [Read More]


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