Drax acquires asset optimization platform

By Drax Group plc

11 hours ago

Power UK Pellets 

Drax is pleased to announce that it has signed an agreement to acquire Flexitricity Ltd., a U.K.-based optimizer of flexible energy assets, from Quinbrook. The transaction is expected to close during the first quarter of 2026.

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Alliance for Green Heat facilitates public-private partnership to secure firewood for communities

By Alliance for Green Heat

February 06, 2026

Thermal Business 

The Alliance for Green Heat announced on Feb. 2 that firewood banks working with national forests sourced around 9,700 cords of firewood from federally managed lands during the 2025–2026 season—an increase of 35% over last year.

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Drax announces restructuring plan

By Drax Group plc

February 05, 2026

Pellets Business Power UK 

Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.

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Yonezawa Biomass Power Plant begins operations in Japan

By Erin Krueger

January 28, 2026

Power Operations 

Takuma Corp. on Jan. 22 announced Yonezawa Bioenergy LLC’s 7.1-megawatt (MW) biomass power plant in Yonezawa City, Yamagata Prefecture, Japan is now operational. Yonenawa is a joint venture between Takuma and Iwahori Construction Co. Ltd.

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XCF Global, Southern Energy Renewables and DevvStream agree to binding term sheet for 3-party merger

By XCF Global Inc.

January 28, 2026

Sustainable Aviation Fuels Power Business Advanced Biofuels 

SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.

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