Altamaha Green Energy's Renewable Project Receives Approval
Altamaha Green Energy Secures Power Purchase Agreement
Altamaha Green Energy (AGE) has reached an exciting milestone, recently receiving certification for a Power Purchase Agreement. This agreement allows AGE to produce and sell up to 70 MW of electricity to Georgia Power Company for a substantial period of 30 years. As a joint venture between Beasley Green Power, LLC and Rayonier Advanced Materials (RYAM), this certification reflects the commitment to renewable energy solutions in Georgia.
The Importance of the Agreement
This certification from the Georgia Public Service Commission is a significant step in AGE's mission to contribute to the state’s sustainable energy landscape. By harnessing renewable forestry waste, AGE aims to develop a project that not only benefits the environment but also supports local economic growth.
Expertise at the Helm
Darrell Beasley, Chairman of AGE, emphasized the collaboration's strength, stating, "Altamaha Green Energy was formed in response to Georgia Power's competitive and public bidding process for renewable energy solutions." His statement highlights how AGE combines the expertise of Beasley Green Power in renewable forestry operations with the advanced technology of RYAM, a leader in high-purity cellulose production, making them well-equipped to influence Georgia's energy future.
Utilizing Renewable Resources
AGE's project will primarily utilize materials usually regarded as waste in the forestry industry, such as bark, limbs of trees, and other biomass. By transforming these materials into sustainable electricity, AGE is tapping into a resource that would typically end up in landfills. This initiative aligns with the increasing demand for renewable energy, thus promoting a circular economy within Georgia’s forestry sector while creating new job opportunities.
Supporting Local Economies
The goal of AGE is not only to generate renewable energy but also to strengthen Georgia's forestry economy. By incorporating local resources into their operations, AGE is advocating for the responsible use of materials that will bolster associated jobs in the area. This represents a win-win scenario, bringing clean energy and economic benefits to the community.
About Altamaha Green Energy
As a joint venture between Beasley Green Power, LLC and RYAM, Altamaha Green Energy LLC (AGE) is at the forefront of sustainable energy initiatives in Georgia. Operating in Jesup, AGE is focused on evaluating and developing a renewable biomass power plant that aims to produce 70 MW of sustainable electricity. Their commitment positions them as key players in Georgia’s energy transition.
About Beasley Green Power, LLC
Beasley Green Power, LLC, an integral part of the Beasley Group, is recognized as a leader in the forest products industry, with a focus on producing high-quality softwood and hardwood products. Over the past five decades, the Beasley Group has expanded its operations significantly, now encompassing numerous mills, wood pellet plants, and a robust procurement operation across the United States, contributing to a diverse product range.
About Rayonier Advanced Materials (RYAM)
RYAM is known for its innovative cellulose-based technologies, supplying high purity cellulose used in diverse applications, including pharmaceuticals, filters, and more. With operations spanning the U.S., Canada, and France, RYAM has demonstrated a strong financial performance, generating $1.6 billion in revenue recently. Their commitment to sustainable practices further aligns with AGE's mission to foster renewable energy solutions.
Frequently Asked Questions
What is the Power Purchase Agreement for AGE?
The Power Purchase Agreement allows AGE to sell up to 70 MW of electricity to Georgia Power Company for 30 years, promoting renewable energy in Georgia.
What materials will AGE use to generate electricity?
AGE plans to utilize renewable forestry waste, such as bark and tree limbs, to produce sustainable electricity.
How will this project impact the local economy?
AGE aims to enhance Georgia's forestry economy by creating jobs and promoting the use of local resources in renewable energy initiatives.
Who are the partners involved in AGE?
AGE is a joint venture between Beasley Green Power, LLC and Rayonier Advanced Materials (RYAM), combining expertise in renewable energy and forestry operations.
What is the overall goal of the AGE project?
AGE's goal is to produce sustainable energy while supporting economic development and reinforcing the forestry sector in Georgia.
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