Groupe Savoie Inc.
March 26, 2015
BY Katie Fletcher
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The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on March 21.
U.S. wood pellet producer Enviva Inc. on March 12 filed a voluntary Chapter 11 bankruptcy petition with the U.S. Bankruptcy Court for the Easter District of Virginia in hopes of restructuring its approximately $1 billion in debt.
Renewables are currently expected to account for 24% of U.S. electricity generation in 2024, increasing to 25% in 2025, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 12.
The Government of Ontario is investing $60 million in the Forest Biomass Program, which will make targeted investments in forest sector initiatives to develop the economic potential and environmental benefits of forest biomass.
The U.S. exported 742,824.6 metric tons of wood pellets in January, down from 1.01 million metric tons the previous month, but up when compared to the 637,518.4 metric tons exported in January 2023, according to the USDA.