Pinnacle Renewable Energy released second quarter financial results Aug. 12, reporting significant increases to revenue and pellets sold. During an earnings call, Pinnacle officials discussed company growth plans.
Enviva Holdings LP announced Aug. 6 plans to build and operate a deep-water marine terminal at the Port of Pascagoula, Mississippi. On the same day, the company also issued a statement related to the air permit for its Southampton pellet plant.
The EPA announced Aug. 9 it approved 31 of the 38 SREs that were pending for compliance year 2018. Eight remaining SRE petitions that were pending for compliance years 2016-2018 were denied, while one for 2018 was withdrawn or declared ineligible. READ MORESHARE
The U.S. exported 694,515.3 tons of wood pellets in June, according to data released by the USDA Foreign Agricultural Service on Aug. 2. Pellet exports were up when compared to both May 2019 and June 2018. READ MORESHARE
FutureMetrics has published a new white paper on recent developments in the South Korean industrial wood pellets market, updating an analysis the company published two years ago. The changes could dampen demand for wood pellets.
The Department of Energy’s Office of Efficiency and Renewable Energy is seeking public input on its EERE and Bioenergy Technologies Office research priorities, including those focused on corn fiber biofuel, food waste, data efforts and algae biomass. READ MORESHARE
Enviva Partners LP released second quarter 2019 financial results on Aug. 8, reporting solid operating performance and a 25 percent increase in adjusted EBITDA. The company also announced new contracts for more than 1 million tons of wood pellets.
More than 40 members of the RNG industry sent a letter to U.S. EPA Administrator Andrew Wheeler Aug. 7 urging the agency to set the 2020 RVO for cellulosic biofuel at a minimum of 650 million gallons. READ MORESHARE
Cielo Waste Solutions Corp. announced July 30 it has entered into a MOU with Renewable U Lethbridge Inc. to build a renewable diesel plant in Lethbridge, Alberta. The facility will feature Cielo’s proprietary technology. READ MORESHARE
Clean Energy Fuels Corp. announced it has inked contracts to provide its Redeem renewable natural gas (RNG) to power fleets across multiple sectors that include transit, trucking, airports, solid waste and service vehicles. READ MORESHARE