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From Wildfire Fuel to Bioenergy

July 10, 2025

BY Nicolas Mansuy

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Power Wood Holdings agrees to CA$84 million investment into black pellet production plants

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By Power Wood Holdings Ltd.

8 hours ago

Pellets Business 

Power Wood Holdings Ltd. has agreed terms for an investment of up to CA$84 million into its development of two advanced black pellet production facilities in Northern Alberta, the company announced on Aug. 4.

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U.S. biofuel producers consumed 30.749 billion pounds of feedstock in May, up 10% when compared to April and up 8% when compared to May 2025, according to data released by the U.S. Energy Information Administration on Aug. 5.

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The U.S. exported 946,522.4 metric tons of wood pellets in June up nearly 8% when compared to May and up nearly 28% when compared to June 2025, according to data released by the USDA Foreign Agricultural Service on Aug. 4.

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Drax Group plc on July 30 announced the company’s North American pellet mills produced 1.9 million metric tons of wood pellets during the first half of 2026, down from 2.1 million metric tons of production reported for the same period of 2025.

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ADM on July 30 announced a series of investments designed to expand North American oilseed crush capacity and strengthen the company's ability to meet growing demand for renewable fuels and other vegetable oil markets.

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