Canada $15 million towards a waste to biofuels facility

Enerkem Inc a Canadian waste to biofuels and chemicals company have announced that Waste Management and EB Investments have invested Can$15 million (€11,139,916.9) in Enerkem Alberta Biofuels LP which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology.

“We are glad to see our business model and exclusive technology being increasingly backed by equity investors. We are even more encouraged when these investors tell us they want to take part directly in our projects”, said Vincent Chornet, President and CEO of Enerkem. “To us, this is further validation of Enerkem’s sound strategy and strong position in the cellulosic ethanol sector.” Read more ...

Demonstration biomass plant to open in Alberta

Biomass Plant Diagram

FireBox Energy a Canadian company is planning to build a demonstration biomass facility in Glenevis, Alberta that will generate about 30MW of electricity. The project is expected to cost around CAN$60 million (€43.5 million) and will open in early 2012. The facility will be located on the Designated Lands of Alexis Nakota Sioux Nation Reserve. Read more ...