Novi Energy
October 15, 2012
BY Anna Simet
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Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund II (ABF II), has reached final investment decision (FID) on Via Verde, an Italian biomethane platform that comprises a development pipeline of 20 projects.
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.
Renewables are expected to account for 26% of U.S. electricity generation in 2026, increasing to nearly 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Oct. 6.
Pacolet Milliken LLC on Oct. 7 it has acquired 100% of Georgia Renewable Power, which owns two biomass power plants in northeast Georgia, one in Franklin County and one in Madison County. The facilities have a combined generating capacity of 116 MW.