Capturing the carbon to make “carbon negative” – UK government’s $2.5 Billion bet on Drax.

UK government approves $2.5B project for ‘carbon negative’ power plant in Drax Power station in North Yorkshire, in the north of England. Drax, the power station in Yorkshire, which produces around 4% of the UK’s power, mostly burns biomass imported from North...

Mitsui & Shell-backed biomass-to-steam company Punjab Renewable seeks to raise ₹150 crore 

Punjab Renewable Energy Systems Pvt Ltd (PRESPL) is a biomass-to-steam company. PRESPL seeks to raise ₹150 crore. The company’s existing shareholders, including NEEV Fund (holding 37% stake), Mitsui of Japan (34%), and Shell (13%), may either dilute their stakes...