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The Future of Biomass is Brighter Than Ever

January 18, 2023

BY Anna Simet

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CM Biomass reports record earnings despite industry challenges

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By Erin Voegele

5 hours ago

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Denmark-based wood pellet producer and trader CM Biomass on June 25 released results for the company’s 2023-’24 fiscal year, reporting record earnings despite significant challenges experienced by the biomass industry.

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Clean Energy Fuels Corp. announced the opening of a new RNG station in Carney’s Point, New Jersey, for heavy-duty trucks and other fleet vehicles to access a fuel produced from organic waste and is rated the cleanest available.

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The USDA on June 26 awarded nearly $100 million in loans and grants to 473 projects under the Renewable Energy for America Program. Biogas producers were among those selected to receive grant and loan funding.

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Aemetis Inc. on June 26 announced that its Aemetis Biogas subsidiary completed a key milestone of constructing and operating dairy digesters with a capacity to produce more than 300,000 MMBtu of renewable natural gas (RNG) per year.

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EverGen Infrastructure Corp. is pleased to announce the execution of a 20-year offtake agreement with FortisBC Energy Inc. through its wholly owned subsidiary Fraser Valley Biogas Ltd., subject to the acceptance by the British Columbia Utilities Commission.

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