Thanks to the renewable energy generated at the plants of Magnon Green Energy, an energy subsidiary of the Ence Group, it has been possible to avoid the emission of more than 335,000 tons of CO2 into the atmosphere last year. In the Magnon plants, located in Andalusia, Castilla-La Mancha and Extremadura, renewable energy is generated[…]
Drax is pleased to announce that it has signed an agreement (the “Acquisition Agreement”) with Pinnacle Renewable Energy Inc. (PL.TO) (“Pinnacle”), providing for the acquisition by Drax Canadian Holdings Inc., an indirect, wholly-owned subsidiary of Drax, of the entire issued share capital of Pinnacle (the “Acquisition”). The Acquisition will be implemented by way of a[…]
Pinnacle Renewable Energy (“Pinnacle” or the “Company”) (TSX: PL) has announced that it has entered into a new long-term, take-or-pay off-take contract with Mitsui & Co. Ltd. (“Mitsui”), a large, diversified trading company in Japan. Under the terms of the contract, Pinnacle will supply 100,000 metric tons per annum of industrial wood pellets to Mitsui[…]
The Alberta Forest Products Association (AFPA) announced that as of July 1, Pinnacle Renewable Energy Inc. has joined the Association. Pinnacle is a manufacturer of wood pellets with seven manufacturing facilities in Alberta and British Columbia and shipping capacity through the Port of Prince Rupert. “We are very excited to join the AFPA,” said Leroy[…]
Pinnacle Renewable Energy Inc. will be constructing a new $85 million wood pellet plant in the hamlet of Entwistle. This will be Pinnacle’s first plant built in Alberta, Canada, as reported by Parkland County. The plant will be located approximately one kilometre east of downtown Entwistle with access to the Canadian National Rail line, with[…]
The goal of a 38% increase in the use of renewable energy, would be extremely demanding and costly for Finland to implement. An increase of just one percentage point here is roughly equivalent to the volume of wood used by one pulp mill in an entire year, according to the Finnish Forest Industries Federation. Emissions[…]
The investment in ClearFlame Engine Technologies is in line with Deere’s strategy to integrate smart and sustainable technology innovations. WATERLOO, Iowa (October 28, 2021) — John Deere has announced it has made an equity investment in ClearFlame Engine Technologies, a growing start-up dedicated to the development of clean engine technology. ClearFlame’s solution enables low-carbon fuels[…]
Bioenergy sector supports obtaining greater value from New Zealand’s wood residues – The Bioenergy Association welcomes the release by Te Uru Rakau of the Wood Fibre Futures report but also wants greater focus by government on the immediate use of forest harvest and processing residues for replacing coal. Brian Cox, Executive Officer of the Bioenergy Association said “It’s[…]
Smurfit Kappa has unveiled a new, state-of-the-art solar panel system in its Colombian Forestry operation. The Solar One photovoltaic system, which was developed with renewable energy provider Celsia, will generate 50% of the energy needs of the nursery and the entomology and plant pathology laboratories. The 168 panels that comprise the system will generate an[…]
Utility company FortisBC will purchase wood waste-derived renewable natural gas (RNG) from REN Energy International through a new partnership. The project features technology being used for the first time in the US and represents ‘exciting new opportunities’ to reduce emissions using British Columbia’s (BC) expansive forestry sector, according to FortisBC. The production facility will be[…]