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Drax fires up plans for fleet of pellet plants to supply UK biomass operations

Business Green

UK energy firm to begin construction of first of three biomass pellet plants in North America later this month in bid to bolster supply chain for sustainable feedstocks.

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Greentown Labs and Browning the Green Space Announce Second Cohort for ACCEL, an Accelerator for BIPOC-led Climatetech Startups

Greentown Labs

These early-stage startups are working on innovations from vertical-axis wind turbines to carbon-negative concrete. Carbon Negative Solutions (Rock Hill, N.Y.) is creating smart-city-ready, carbon-negative concrete products. Its founder is Andre Gafford. Its founder is Keith Crossland.

Startups 117
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Greentown Go Build 2023 with Saint-Gobain Announces Startup Cohort

Greentown Labs

Carbon Upcycling Technologies (Calgary, Alberta, Canada) is a circular-decarbonization solution for hard-to-abate industries–-utilizing low-purity industrial CO 2 and industrial byproducts to decarbonize cement. manufactures and distributes biobased building materials, including a low-embodied-carbon insulation.

Startups 104
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Drax completes acquisition of biomass pellet producer Pinnacle Renewable Energy

Business Green

Deal aims to shore-up Drax's wood pellet supply chain as it sets sights on global biomass and carbon capture growth. Drax has completed the acquisition of leading wood pellet producer Pinnacle Renewable Energy, in a move aimed at shoring-up the supply chain for its growing biomass energy and carbon capture ambitions.

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Shopify orders up latest carbon removal deals

Business Green

Shopify and Stripe announce latest $11m investment round through Frontier negative emissions fund. Ecommerce tech giants Shopify and Stripe have announced the latest round of investment as part of the Frontier negative emissions technology initiative, securing $11m worth of carbon removal credits through six new deals.

Carbon 72
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'World's biggest': Drax inks pioneering carbon removals deal with Respira International

Business Green

Drax CEO argues deal will play 'pivotal role' in the development of voluntary carbon markets. Respira would then sell on these credits on the voluntary carbon market to corporations and financial institutions looking to achieve carbon neutrality and net zero emission targets.

Carbon 69
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Carbon Clean and BayoTech plot CO2 capture and hydrogen demonstration plant

Business Green

UK-based Carbon Clean is planning the joint development of a carbon capture demonstration facility in North America alongside US hydrogen production firm BayoTech, with the two firms having yesterday announced a memorandum of understanding.