Puro.earth listed
APC2

New biochar facility, US East Coast

Quantity
33 000
Pre-CORCs
Average Price
103,75 €
Per CORC
Production Timeline
Q2 2022-Q1 2025

About the project

The facility is on the East Coast of the US, in the middle of one of the largest timber production areas in the country. The owners have committed to the installation of a large scale biochar production device and are taking a modular approach, seeking to scale up as demand for CORCs and biochar develops. The first unit will be installed in q1 2022. The location is ideal for biochar with an abundant source of wood chips nearby. The team behind the project are seasoned professionals with decades of experience in finance, technology, engineering, operations and sustainability. Given the successful sale of CORCs and biochar, they have ambitious plans to scale up.

Key Project Data

  • Type of project info
    New facility or site
  • Carbon removal methodology info
    Biochar
  • Durability of carbon removal in years (number) info
    1000
  • Co-benefits info
    Harvesting and forestry management sustainably decreases the risk of forest fires, insect damage and diseases. Biochar is deployed directly or indirectly for soil improvement. It dramatically increases water and nutrient retention in the soil leading to yield increases. Biochar reduces nutrient leaching, which has caused damage to waterways and seas. Biochar reduces the need for artificial fertilizers, which are typically energy-intensive to produce. This project will create green jobs and produce renewable energy to help decarbonise the grid.
  • Sustainable Development Goals (SDGs) info
  • Production facility country info
    USA
  • Site visits are possible info
    Yes
  • Certifications or assessments info
    The timber used for wood chips is FSC certified.
  • Planned start date of construction info
    01/01/2022
  • Planned start date of production info
    01/03/2022
  • Annual carbon removal capacity in tCO2e (number) info
    6000
  • Additionality info
    • New facility, currently under final planning. 
    • The operation of the facility is dependent on CORC revenue, pre-sales of CORCs will accelerate production.
    • Expansion of the facility is dependent on CORC revenue.
  • Implementation of this project is subject to receiving funding (equity or debt) info
    No
  • Implementation of this project is subject to permits (building, environmental, etc.) info
    No
  • Implementation of this project is subject to reaching minimum pre-CORC commitments info
    Yes
  • The above conditions are expected to be fulfilled on this date
    01/01/2022

About the supplier

Accend

Accend specializes in assisting carbon removal suppliers with CORCs. Our services include LCA calculations for biochar and timber building elements that comply with Puro Marketplace rules and international standards. We deliver our services across Europe and North America.

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