CGN New Energy Holdings , a subsidiary of state - owned China General Nuclear Power corporation , said it has received the required renewable energy permits ( RECs ) that will allow work to begin on the MW Daesan South Korean biomass pellets - to - power project . In April Canada - based bio Renewable Holdings signed a contract to supply 315,000 tonnes of industrial wood pulp to consumers per year , starting in 2021 .
CGN New Energy Holdings, a subsidiary of state-owned China General Nuclear Power Corporation, said it has received the required renewable energy certificates (RECs) that will allow work to begin on its109 MW Daesan South Korean biomass pellets-to-power project. In April Canada-based Pinnacle Renewable Holdings won a contract to supply 315,000 tonnes of industrial wood pellets to Daesan per year, starting in 2021.