USDA Approves $25M Loan Guarantee For California Biomass Gasification Project
The USDA has announced it will provide a $25 million loan guarantee under the Rural Development Timber Production Expansion Program (TPEP) to finance a 3 MW biomass gasification project in California under development by Blue Mountain Electric Co. LLC to convert forestry biomass waste into synthetic natural gas through the process of thermochemical conversion.
The total project cost is estimated at $42.2 million. According to USDA, the loan guarantee will support construction of the facility and provide working capital for operating expenses during the first year.
The loan guarantee for Blue Mountain Electric’s proposed project is one of 12 projects that will share in $115.2 million awarded by the USDA on March 23 through TPEP, which aims to ensure sawmills and other wood processing facilities have the necessary funding to establish, reopen, expand, or improve their operations.
Latest news
Strategic Biofuels Partners With Sumitomo Corp.
Strategic Biofuels, which seeks to be a leader in developing negative carbon footprint renewable fuel plants, and Sumitomo Corp. of Americas (SCOA), a subsidiary of Sumitomo Corp., a leading global trading and business investment company dedicated to sustainability, have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project at the Port of Columbia in Caldwell Parish, La.
Biomass Innovations Asia Set For May 13-15
Biomass Innovations Asia 2024, encompassing the Biofuels & Biocarbon conference May 13-14 and the 14th Biomass Pellets Trade and Power conference May 14-15, will be held in Tokyo, Japan.
MoistTech IR3000-W Series Sensors
MoistTech Corp.’s IR3000-W series moisture sensors feature cutting-edge NIR (near-infrared) technology achieves unparalleled accuracy, delivering true, repeatable results year after year with little or no maintenance—just accurate and reliable moisture analysis of wood products, including those used in bioenergy production. The amount of moisture in wood products is a critical concern of the forest industry because excess moisture can have a large impact on final product quality, production, and energy efficiency. In addition, the IR3000-W reduces fire and explosion risk, prevents press explosions, offers precise dryer control, and monitors blending for control of moisture and resin in wood products.
New From Bandit: HM6420 Hammermill Grinder
This highly productive 40 in. capacity grinder is designed and manufactured to be an alternative solution for those grinding applications that may contain contaminants. A Caterpillar C32, 1,200 HP engine provides ample torque and horsepower for optimal machine performance and productivity…
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.