Drax Biomass Inc, an energy company located in North Yorkshire, and Princeton Standard Pellet Corporation (PSPC) have agreed to buy a pellet factory in Princeton, British Columbia, The Business Desk reported. The facility, which has been in operation since 1995, is capable of producing 90,000 tonnes of wood pellets annually, mostly from sawmill waste. Drax …
The Bulgarian business Atomenergoremont revealed on Wednesday that EF Asset Management, a local investment company, had acquired a total ownership of 5.8522% of its share capital, See News reported. With August 25 as the date of settlement, Atomenergoremont said in a bourse statement that EF Asset Management had acquired 204,930 ordinary voting shares. One of …
EF Asset Management Acquires 5.8% of Atomenergoremont Share Capital Read More »
The surface of geothermal greenhouses in Turkey has expanded by 400% since 2002. In comparison to the global total of 1,500 hectares, the country possesses more than 500 hectares of such facilities, Mücahit Kvrak of Balkesir University said. Turkey, with 1.68 GW of installed capacity in 2021, is one of the geothermal power giants. According …
Geothermal Greenhouses in Turkey Grow by 400% since 2002 Read More »
Enviva Biomass revealed its second quarter financial results, which showed an increase in net sales over the previous three months. Four new client contracts were also revealed, and the firm also talked about the status of its ambitions to enhance production, Biomass Magazine reported. “For the second quarter of 2022, Enviva delivered results at the …
Enviva Biomass Increases Net Sales, Expands Production Capacity Read More »
Israel is taking advantage of Egypt’s aspirations for renewable energy in an effort to strengthen diplomatic ties between the two nations. A joint venture to execute significant projects in Egypt was announced by Tel Aviv Investment Exchange-listed business Enlight Renewable Energy and Israeli natural gas generator NewMed Energy. The plan calls for investment in a …
Enlight Renewable Energy to Invest in Renewable Projects with Egypt Read More »
In order to stimulate the growth of biomass energy generation with related carbon capture in the UK during the following ten years, the government started a consultation process, the UK Department for Business, Energy & Industrial Strategy informs via press release. The BECCS (Bioenergy with Carbon Capture and Storage) method uses biomass, a sustainable plant …
UK Boosts Biomass Energy Generation for Energy Supply Diversity Read More »
With the current global energy crisis and ever-growing fuel prices, the demand for natural gas in Europe has grown substantially, and Bulgaria and the Balkan region are not an exception. As a registered participant at the Regional Booking Platform (RBP) and the Commercial Dispatching Platform (CDP) of Bulgartransgaz, as well as a full-fledged member of …
Bulgaria’s TIBIEL to Boost Natural Gas Market in the Country and Region Read More »
The Kenyan Ministry of Energy has removed a block on new power purchase agreements (PPAs) discussions and clarified the procedures and approval systems already in place. Geothermal energy investments are anticipated to increase as a result of this latest development, The Kenya Times reported. The Ministry has previously prohibited PPA discussions to stop rising power …
Kenya Lifts Power Purchase Agreements Discussion Block Read More »
Berlin received a $19 million government subsidy to use the waste heat from Burgess BioPower, a biomass plant, to melt snow off its roads and parking lots during the winter, The New Hampshire Bulletin reported. According to Berlin Mayor Paul Grenier, constructing the heating system will also enable the city to rehabilitate two kilometers of …
Berlin Biomass Plant to Produce Waste Heat to Melt Snow off in Winter Read More »
Blackwood Technology, a business specializing in renewable energy, has teamed with TTCL, an engineering, contracting, and development corporation with headquarters in Thailand. The arrangement allows TTCL to make the first-ever investment in a biomass pellets prototype facility in Thailand using Blackwood Technology’s FlashTor technology, The Nation Thailand informs. “FlashTor technology is a unique process to …
