Global energy giant Drax Group was fined $34,000 in June for starting construction on a $250 million biomass fuel plant in Longview before securing the proper permits.

A global energy company that hopes to build an industrial-scale biomass plant in Longview, touting it as a renewable energy source, has been fined for launching construction without a permit.

Biomass solid fuel market is projected around US$ 501.6 Bn by the end of 2030, in terms revenue, growing at CAGR of 9.7% during the forecast period (2023-2030). Mr. Shah Coherent Market Insights Pvt.

The global biomass pellets market size is poised for substantial growth between 2023 and 2033, as forecasted by a report from ...