SOURCE: Covanta
January 25, 2022
BY Covanta
Advertisement
Advertisement
The U.S. Energy Information Administration currently expects renewables to account for nearly 26% of U.S. electricity generation this year, expanding to nearly 28% in 2027, according to the agency’s latest Short-Term Energy Outlook.
Biomass Magazine announced this week the eight companies selected to pitch to a group of angel investors and venture capital firms at the International Biomass Conference & Expo, taking place March 31 – April 2, 2026, in Nashville, Tennessee.
Drax is pleased to announce that it has signed an agreement to acquire Flexitricity Ltd., a U.K.-based optimizer of flexible energy assets, from Quinbrook. The transaction is expected to close during the first quarter of 2026.
LanzaTech Global Inc. has announced Saltend Chemicals Park in Humberside as the intended location for its pioneering DRAGON II project—a £600 million investment to produce sustainable aviation fuel (SAF) and renewable diesel at scale.
Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.