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In the past few years, EU's quest to limit its dependency on fossil fuels and to cut CO2 emissions, has brought renewable energy on the peak of the European most successful market developments. While most of the wood industry was…
Because of the sharp drop in demand for solid biofuels from Polish power stations, which until recently were the main customers of Ukrainian producers, the price of pellets in Poland fell by 25%, and the level of consumption halved. Today…
The study, conducted by a group of biomass advocates, finds burning industrial wood pellets to produce electricity makes an "immediate or very rapid contribution" to climate change mitigation. The use of woody biomass for power generation produces significant carbon savings…
RusForest AB (publ) (“RusForest” or the “Company”) (NASDAQ OMX: RUSF), a Swedish forestry company with operations in Russia, has secured bank financing for the wood pellet plant under construction in Arkhangelsk. As previously disclosed, RusForest has engaged AS Hekotek (“Hekotek”),…
The use of woody biomass for power generation produces significant carbon savings that provide long-term benefits to the environment, according to a new peer-reviewed report released today by the U.S. Industrial Pellet Association (USIPA) and other members of the Bridging…
After the recent informal meeting of Polish government members responsible for the development of a new mechanism of renewable energy support the answers to many pressing issues remained open. However, in any case, it became apparent that the patterns of…
The European Union recently published its annual biofuels report for 2013 with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. The report reveals that the EU is the world’s largest wood pellets market, with a consumption of about 14.3…
For more than two years, talk of a new wood pellet plant has dangled the promise of jobs and new business in the rural town of Franklin. More recently an associated storage and export facility announced late last year offered…
Company will manage client’s Westview Terminal operation in Port of Prince Rupert.   Metro Ports Canada Ltd., a Newfoundland and Labrador company that is wholly owned by Nautilus International Holding Corp., has executed an agreement with Pinnacle Renewable Energy Inc.,…
Officials from Green Circle Bio Energy said the company is locating an energy wood pellet manufacturing facility in the George County Industrial Park. The project represents a company investment of $115 million and will create 126 jobs with the potential…
Thursday, 11 July 2013 07:13

Woody biomass industry emerging in S.C.

Trees could be the new power source for facilities throughout the Palmetto State. As companies look to cut down on carbon emissions, the use of wood waste as a power generation source is a budding industry in South Carolina. The…
German Pellets GmbH has announced the details of its planned corporate bond. The “Wärme-Wertpapier II” bond (WKN/ISIN: A1TNAP / DE000A1TNAP7) carries a fixed coupon of 7.25% p.a. and has a term of five years. Subscription will commence on 1 July…
For all its dead lodgepole pines, Colorado was shut out of the latest round of grants awarded by the U.S. Forest Service for wood-to-energy projects, touted as a way to expand regional economies and create new jobs. U.S. Forest Service…
A business near Licking, Missouri in Texas County has again been heavily damaged by fire for the second time in as many years. Jimmy Sherrill, Chief of the Licking Volunteer Fire Department, tells KOLR10 News his crews were called to…
Monday, 24 June 2013 08:22

Pellet company ups output with grant

Vermont Wood Pellet Company was among 16 companies and organizations to share more than $750,000 in grants from the Working Lands Enterprise Fund. The North Clarendon pellet mill received a $38,153 infrastructure grant that will allow the company to upgrade…
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