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Viridis Merchants structures its first transaction

December 31, 2013

BY Viridis Energy Inc.

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Renova: 50 MW Karatsu biomass plant begins operations

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By Erin Krueger

an hour ago

Pellets Power Business 

Japan-based Renova Inc. on Sept. 30 announced its 49.9 megawatt (MW) Karatsu Biomass Power Plant commenced operations on Sept. 27. The facility is fueled with wood pellets and palm kernel shells (PKS).

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The recently completed installation of a pellet mill and innovative drying system is empowering Georgian family-owned lumber company Conner Holdings to expand its potential.

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U.S. manufacturers produced approximately 900,000 tons of densified biomass fuels in May, according to the latest edition of the U.S. IEA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 850,000 tons during the month.

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Japan-based Renova Inc. on Sept. 22 announced that its 75-megawatt (MW) Omaezakikou Biomass Power Plant is expected to resume operations in October. The facility was idled in June following a malfunction of auxiliary boiler equipment.

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Changing subsidies in the U.K. and uncertainty in the Dutch market could cause demand for wood pellets to fall in the upcoming years. Poland, however, could offer a bright spot for the pellet industry, according to FutureMetrics.

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