SPI Will Sell Energy To PSE
Puget Sound Energy (PSE) has teamed up with Sierra Pacific Industries (SPI) to purchase 17 megawatts (MW) of renewable energy from SPI’s cogeneration plant at its Burlington sawmill in Mount Vernon, Wash., providing locally generated renewable biomass energy to its customers.
PSE signed a 17-year contract with SPI that starts in 2021 to purchase the excess energy generated after wood waste is burned at the Burlington mill. The mill employs more than 200 and contributes to the $900 million annual economic impact of the forest products industry in Skagit County, Wash.
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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…
Equipment Companies Reveal Latest Developments
This is the second part of three parts in the coverage of the Wood Bioenergy Conference & Expo held March 29-30, 2022 at the Omni Hotel at CNN Center and hosted by Wood Bioenergy magazine. Part one in the June issue focused on the keynote talks from producer and consultant personnel. Part two highlights several presentations delivered by representatives of equipment and technologies companies. Look for…
Drax Acquires BC’s Princeton Standard Pellet
Drax Group has signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British Columbia, Canada. The acquisition is expected to be complete in the third quarter of this year. The plant, which has been operating since 1995, has the capacity to produce 90,000 tonnes of wood pellets a year, primarily from sawmill residues. Around half of the output from the plant…
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