Bloomberg New Energy Finance and the Business Council for Sustainable Energy
February 9, 2016
BY Erin Krueger
Advertisement
Advertisement
Drax Group plc on Dec. 11 announced the company has no near-term or medium-term plans to expand wood pellet production capacity. Work on the proposed 450,000-metric-ton-per-year pellet plant in Longview, Washington, will remain paused.
Renewables are expected to account for more than 24% of U.S. electricity generation in 2025, expanding to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 9.
Anaergia Inc., through its subsidiary, Anaergia Technologies LLC, has signed a contract with a subsidiary of Anaergia PepsiCo Mexico Foods deliver an integrated renewable energy solution at a PepsiCo Mexico Foods food production facility in Mexico.
Nopetro Energy, in partnership with Johnson Controls, announced on Dec. 2 a $50 million investment to design, finance, build and operate a landfill gas to renewable natural gas (RNG) production facility in Manatee County, Florida.
Sumitomo Corp. on Nov. 28 announced a new 112 megawatt (MW) biomass power plant has begun commercial operations in Sendai, Miyagi Prefecture, Japan. The facility is fueled by wood pellets and wood chips.