Bio-coal is produced using waste feedstock and other waste biomass and is mechanically and physically equivalent to coal, in addition to being carbon-neutral.
The company, in partnership with Lafarge Canada, Seabird Island First Nations and Jake’s Construction will set up a commercial demonstration production facility to implement the process.
Bio-coal is ideal for heat and power producers as it generates more energy compared to wood pellets.
Diacarbon Energy president Jerry Ericsson noted that this investment will enable the company to scale up its biofuel project to provide a technological demonstration for the production of bio-coal using a self-sustaining indirect heating approach.
"Essentially we are working to convert Canada’s waste biomass into clean energy on a larger scale – something that will contribute to a healthier environment and Canadian economy," Ericsson added.
Canada minister of natural resources Joe Oliver commented, "Our Government is doing its part to encourage innovation and the next wave of clean technologies to help protect our environment and create high-quality jobs."
