February 14, 2020
BY North Carolina Department of Agriculture and Consumer Services
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Drax on Sept. 30 introduced a new interactive map feature for its Biomass Tracker tool that visualizes the journey that sustainably sourced woody biomass takes through the company’s global supply chain.
Gevo Inc. on Oct. 1 announced sales of substantially all of the Section 45Z tax credits generated by its ethanol and renewable natural gas (RNG) facilities in 2026, totaling $70 million worth of credits.
Approximately 1.622 million U.S. households are expected to use wood as a primary heating fuel in 2026, down 4% when compared to last year, according to the U.S. Energy Information’s annual Winter Fuels Outlook, released Oct. 6.
Greenlane Renewables Inc. on Oct. 6 announced that the company has extended its $20 million standby letter of credit facility to Sept. 30, 2027. The facility is secured by a guarantee from Export Development Canada.
New Zealand’s Energy Efficiency and Conservation Authority on Oct. 1 announced it is investing in five new wood energy aggregation facilities and four projects that aim to produce torrefied biomass and wood pellets.