Arensis buys Scotland-based wood pellet plant
Arensis, an international provider of off-grid energy generation, has bought the Verdo pellet plant in Grangemouth, Scotland. The acquisition, part of a £50 million (€54m) UK investment plan, gives Arensis a sustainable, carbon-neutral fuel supply for its biomass energy generation.
Global wood pellets market is expected to register a CAGR of 15.2% from 2017 to 2025
Wood pellets, known for generating low emission and high power is gaining attention as an alternative to fossil fuels. According to new research report, the global wood pellets market is expected to register a compound annual growth rate (CAGR) of 15.2% from 2017 to 2025.