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A Critical Time for Biocarbon, Biocoal Markets

October 8, 2025

BY Rachel Levinson

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CHAR Tech Receives C$10 million commitment from BMI for Espanola biocarbon project

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By CHAR Technologies

January 19, 2026

Business Biogas Biocarbon 

CHAR Technologies Ltd. on Jan. 14 announced The BMI Group has committed C$10 million toward the development of the Espanola biocarbon project, which is expected to have the capacity to produce 50,000 metric tons of biocarbon annually.

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The U.S. Energy Information Administration currently expects the production of renewable diesel and other biofuels, including SAF, to expand in 2027, according to the agency’s latest Short-Term Energy Outlook, released Jan. 13.

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The U.S. exported 814,292.2 metric tons of wood pellets in October, down from both 830,469.7 metric tons the previous month and 840,011.1 metric tons in October 2024, according to data released by the USDA on Jan. 8.

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Experts discuss the crucial role standards play in scaling the adoption of biochar, biocoal and biocarbon.

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