Posts tagged with
wood pellets

Environmental Activist Fund Takes $20 Million Stake In Enviva

Bloomberg is reporting that ValueAct Capital Management has bought $20 million (€16.7 million) in Enviva shares. Enviva’s market capitalization is around $772 million (€647.6 million). The deal was made through the hedge fund’s socially and environmentally focused ValueAct Spring Fund. The fund has previously invested in the power generator AES and education company Strayer Education. […]

Georgia Wood Pellet Industry Commended In Air Quality Report

Georgia won praise last week in a report largely critical of an issue portrayed as lax enforcement of air quality regulations of the wood pellet industry. Criticism also was laid on the new federal policy that power plants fueled by biomass don’t create carbon pollution. “Georgia has definitely played a leadership role in this [wood […]

Drax Planning To Cut Cost Of Biomass Power By A Third

Drax CEO Will Gardiner told Reuters April 20 that the company plans to cut the cost of the electricity it generates by a third over the next decade. The goal is to reduce the company’s dependency on subsidies. Improvements cited by Gardiner are more efficient turbines and cheaper wood pellets. A spokesperson for Drax told […]

Pinnacle Renewable Energy To Feed Hungry Japanese Biomass Industry

A lot more wood is about to pass through Prince Rupert — as pellets. On Friday, the company that owns Westview pellet terminal, Pinnacle Renewable Energy Group, announced they have finalized a contract to sell 70,000 metric tons of wood pellets annually to a Japanese conglomerate, Ube Industries Ltd., by the end of 2019. “Japan […]

New England Wood Pellet Acquired By Lignetics

New England Wood Pellet LLC of Jaffrey has been acquired by a Colorado-based wood pellet home-heating company. Mitch Lehn, human resources director for Lignetics, Inc., said Thursday that his company has purchased all of New England Wood Pellet’s assets, which includes the flagship location in Jaffrey and four manufacturing plants throughout the Northeastern part of […]

New Mexico Pellet Plant To Transform Landscape, Create Jobs

Wildfires in the Jemez Mountains have left thousands of acres in the Santa Fe National Forest damaged. For many, that damage meant the loss of grazing areas, industry and other valuable lands. However, a new pellet mill is designed to change that. “Having this mill here is a way for us to be able to […]

Study: Are Wood Pellets A Green Fuel?

James Watt’s steam engine vaulted coal to its major role as a fuel for the Industrial Revolution. Today, about 40% of the world’s electricity is generated in coal-fired power plants, consuming more than 80% of the coal mined each year. Because combustion of coal produces carbon dioxide (CO2) and other air pollutants, efforts to combat […]

Pinnacle’s New B.C. Pellet Plant To Provide Energy To Asia

The decision to redevelop the former NewPro particleboard facility into a wood pellet production plant was celebrated last Monday at the side of a giant pile of wood chips. Shovels with green ribbons were used to signify the groundbreaking that will happen when construction crews move in soon. Production is expected to start in the […]

Pinnacle To Redevelop B.C. Particleboard Facility To Produce Pellets

Pinnacle Renewable Holdings Inc. says it’s moving forward with plans to redevelop an existing Smithers, B.C., particleboard facility to produce wood pellets. The company is redeveloping the site under the Smithers Pellet Limited Partnership, in which it owns a 70 percent interest and West Fraser Timber Co Ltd. owns the rest. Pinnacle says the facility […]

Bord na Móna Abandons Plans For U.S. Wood Pellet Factory

State energy company Bord na Móna has dropped plans to spend €60 million building a wood pellet factory in the US. The news comes as the company prepares to announce plans designed to safeguard 2,100 jobs in the midlands by supplying fuel to power plants. Last year, Bord na Móna said it wanted to spend […]

Subscribe

Looking to subscribe to Wood Bioenergy magazine? It's simple, just follow the link to our online subscription form and complete the required fields and submit. If you'd rather talk to a real live human being, feel free to give us a call at (800) 669.5613'

Contact

To contact Wood Bioenergy magazine, either call (334) 834-1170 or email us at [email protected]

TAG CLOUD