– TEXEL Energy is investing in Jord AB to adapt its energy production technology for generating electricity from Jord’s C4 grass pellets and briquettes.
– Jord currently cultivates C4 grass in Senegal and the Dominican Republic, with the aim of converting it into renewable fuel for energy production.
– The partnership between TEXEL and Jord aims to address challenges in local electricity production in areas with limited sustainable energy supply, while also creating opportunities for sustainable growth.
TEXEL Energy is increasing its investment in Jord AB and has signed an agreement to adapt its energy production technology to generate electricity from Jord’s pellets and briquettes made from C4 grass. Jord’s goal is to cultivate this fast-growing biomass in various locations globally to convert it into renewable fuel.
Jord already has cultivations of C4 grass in Senegal and the Dominican Republic, and TEXEL has acquired assets from Swedish Stirling and AZELIO to convert the grass into electricity. This project is seen as a crucial part of the global energy transition.
The collaboration between TEXEL and Jord aims to diversify within the sustainable energy sector by enhancing the application of technology to generate green electricity from C4 pellets. TEXEL sees a significant market potential in converting biofuel into electricity and anticipates an increased need for engines to meet the rising demand.
This partnership not only benefits both companies but also creates opportunities for sustainable growth in regions where energy supply is scarce. The initiative aligns with the global trend towards sustainable energy solutions and offers a unique combination of cultivating biomass and producing sustainable energy to address local electricity challenges.