Peak Renewables To Build In BC
Peak Renewables reports it is building a 600,000 tonne per year industrial wood pellet facility in Fort Nelson, British Columbia. Fort Nelson First Nation will reportedly have equity in the plant, which is anticipated to be in operation in 2022.
Recently, Peak Renewables purchased Canfor’s forest tenure in the Fort Nelson region and Canfor’s Fort Nelson mill assets, including an idle sawmill and OSB facilities. The site reportedly has buildings, a log pond and a biomass energy plant. The new mill will export its pellets to Asia.
The Peak Renewables executive team includes founder and chairman, Brian Fehr. He is a co-founder of BID Group, which had tremendous success with the turnkey supply and construction of sawmills in the Southeast U.S.
Latest news
EU Vote Boosts Biomass
The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the vote was a critical move to meet the ambitious EU Parliament goal to increase the use of renewable energy to 45% by 2030, and for achieving the EU’s goal of carbon neutrality by 2050…
Komatsu Successfully Converts Biomass Combustion Ash Into Fertilizer In Japan
Komatsu Ltd. jointly with Ishikawa Agriculture and Forestry Research Center and ASAHI AGRIA CO., LTD., a manufacturer of fertilizers, has successfully converted wood ash from the biomass boilers in operation at Komatsu’s Awazu plant in the Kaga area of Ishikawa Prefecture.
Mercer Purchases Germany’s HIT
Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…
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