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Vow: All permits obtained for Biochar US project – equipment delivery next quarter - Nordea

This morning, Vow announced that the company’s record USD 27m contract for a Biochar/renewable energy system (announced in May 2022) has now obtained all required permits. Given this, the project has now moved into the procurement and construction phases. Equipment delivery will now begin next quarter (Q4 2023), with commissioning expected in early 2025 (c. 15-18 month delivery time). As a reminder, Vow’s deliverables for the 6,000 tonne per year biochar production plant include four BioGreen pyrolysis reactors, as well as some upstream/downstream equipment.

This morning, Vow announced that the company’s record USD 27m contract for a Biochar/renewable energy system (announced in May 2022) has now obtained all required permits. Given this, the project has now moved into the procurement and construction phases. Equipment delivery will now begin next quarter (Q4 2023), with commissioning expected in early 2025 (c. 15-18 month delivery time). As a reminder, Vow’s deliverables for the 6,000 tonne per year biochar production plant include four BioGreen pyrolysis reactors, as well as some upstream/downstream equipment.
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