â The world's largest wood pellet plant for biofuel is expected to open later this month in Waycross, GA. Initially announced in January 2010, it is the result of collaboration between RWE Innogy of Germany and BMC of Sweden that will create 75 jobs and represents a $150 million investment in Waycross, GA.
The wood pellet production plant is expected to produce 750,000 tons of wood products annually for export to Europe, to fuel biomass power generators like the one shown here. RWE served as an investor in this project, while BMC carried out the development of the new facility. RWE and BMC plan to create the worldâs largest renewable energy capacity of wood pellets produced at the new facility. Once they are shipped to Europe, RWE will use the wood pellets to meet the growing European demand for renewable energy.
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