Novo BioPower Gets Some Breathing Room
Novo BioPower CEO Brad Worsley says the Salt River Project and Arizona Public Service have signed contracts through 2033 to buy electricity generated by burning biomass. Snowflake biomass plant is the only one in the state large enough to take significant volumes of low grade wood, hog fuel and biomass.
The plant had taken a hit during the pandemic as costs increased, and recent inclement weather had led to low inventories with uncertainty of operations before the contracts were renewed. The facility has also been affected by the slow implementation of forest health projects due to a lack of forest industry infrastructure and logging capacity, and also the Forest Service taking a big “swing and a miss” at trying to develop a massive 10-year forest stewardship contract to cover several million acres under the Four Forest Restoration Initiative.
The federal wildfire mitigation strategy in the state is now more of a traditional process of smaller stewardship projects and timber sales focused on forest restoration. Even with the new contracts, the Forest Service needs to continue funding to ensure that thinning work can continue, Worsley says, adding that Novo BioPower is selling approximately 220,000 MW hours annually.
Latest news
7robotics Promotes Joey Koenig To President
7robotics Promotes Joey Koenig To President7robotics has promoted Joey Koenig to President, effective January 1, 2025. Since joining the company in September 2021, Koenig has been instrumental in transforming 7robotics from a startup into a recognized player in the...
USA BioEnergy Closes On Land In Texas To Build $2.8 Billion SAF Refinery
USA BioEnergy Closes On Land In Texas To Build $2.8 Billion SAF RefineryUSA BioEnergy (USABE) has closed on the acquisition of over 1,600 acres of land in east Texas for its new $2.8 billion advanced biorefinery, designed to convert wood waste into sustainable...
CPM Purchases Jacobs Global
Tilly Holzindustrie Building CHP Plant CPM, a leading provider of process equipment, engineered technologies and aftermarket parts and services, announced the acquisition of Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills. This...
CM Biomass Appoints Simon Plagborg CEO
CM Biomass Appoints Simon Plagborg CEOCM Biomass, one of the world’s largest suppliers of wood pellets and biomass with operations across North American and Europe, has appointed Simon Plagborg as its new CEO, effective January 6. Plagborg replaces interim CEO, Ask...
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.