October 17, 2023
BY Erin Krueger
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Gevo Inc. released third quarter results on Nov. 10, reporting record-high revenue and net income. During an earnings call, company officials provided an update on plans to expand ethanol production capacity in North Dakota.
Renewables are expected to account for nearly 26% of U.S. electricity generation this year, expanding to nearly 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Nov. 10.
Five startups building for the forest-products industry have been selected for the Alabama Forestry Accelerator, a gBETA program run by national venture capital firm gener8tor. The startups include a pellet producer and gasification company.
The U.S. exported 857,136.9 metric tons of wood pellets in September, down 5% when compared to August and down 1% when compared to September 2025, according to data released by the USDA Foreign Agricultural Service on Nov. 4,
The town of Fort Frances, Ontario, has received $92,500 in funding from the Province’s Forest Biomass Program to support the first phase of development of a biomass-to-energy facility that will be located in the community.