USDA Approves $25M Loan Guarantee For California Biomass Gasification Project

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1425334041729-0'); });

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. 

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1446841792559-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-5'); });

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.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-4'); });

Latest news

Biomass Machines Debut At Oregon Logging Conference

Mar 31, 2023

Suppliers and vendors of biomass processing equipment were well represented at this year’s Oregon Logging Conference in Eugene, Oregon in late February. The logging industry’s biggest equipment show featured a wide variety of logging systems…

read more

Renova Delays New Biomass Plant Startup

Mar 29, 2023

Renova Delays New Biomass Plant Startup Japan renewable power producer Renova Inc. recently announced it is postponing the launch of commercial operation of the 74.8-MW Tokushima-Tsuda biomass-fired power plant to some time in May 2023.…

read more

Spectrum Moves Ahead At Adel

Mar 15, 2023

Spectrum Moves Ahead At Adel Spectrum Energy Georgia LLC plans to begin construction this summer of an industrial wood pellet facility in Adel, Ga. and expects to commission the plant 12 months later, or summer…

read more

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383679093178-1'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383682827953-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1383684651698-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1423518257203-1'); });
Subscribe to Our Newsletter

Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.

Subscribe Now
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.

Complete the Form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us