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Pinnacle Renewable Energy


Acq - P2P | Acquired



About Pinnacle Renewable Energy

Pinnacle specializes in the production and sale of wood pellets used as fuel in thermal power generation plants in Europe and Asia.On April 13th, 2021 Pinnacle Renewable Energy was acquired by Drax Group.05M.

Headquarters Location

350 - 3600 Lysander Lane

Richmond, British Columbia, V7B 1C3,



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Latest Pinnacle Renewable Energy News

Biomass Electricity Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028

Nov 14, 2022

News Provided By Share This Article Douglas Insights Some of the major players such as Enviva, Pinnacle Renewable Energy Group, Pacific BioEnergy Corporation, Acciona Sa, Dong Energy A/S The global biomass electricity market is anticipated to grow from an estimated USD XX billion in 2020 to around USD XX billion by 2028, at a compound annual growth rate (CAGR) of XX% during the forecast period. The major drivers for the market growth are the government regulations and policies to promote renewable energy sources, investments in biomass power plants, and the need to reduce greenhouse gas emissions. The report segments the biomass electricity market on the basis of technology, end-use sector, and geography. Compare and choose your best-fitting market report here- Some of the key findings from the report include: -The Asia-Pacific region is expected to witness significant growth in the demand for biomass electricity over the forecast period. This can be attributed to rapid economic development and growing population in the region. -The Europe biomass electricity market is also anticipated to grow at a healthy rate during the forecast period. This is due to supportive government policies and increasing awareness about environmental benefits associated with this source of energy. -The North American market is expected to grow at a moderate pace over the forecast period owing to various factors such as high upfront investment cost and strict environmental regulations in some countries of this region . COVID-19 Scenario: The outbreak of the COVID-19 pandemic has had a significant impact on the biomass electricity market. The demand for biomass electricity has declined due to the shutdown of industries and restrictions on travel and trade. The prices of biomass feedstocks have also declined due to the fall in demand. The supply of biomass electricity has been affected by the suspension of operations at power plants and the closure of factories producing biomass feedstocks. The COVID-19 pandemic has created challenges for the biomass electricity market. The demand for electricity is expected to recover slowly as economies reopen. The competition from other renewable technologies such as solar and wind is likely to increase as they become more cost-competitive. The availability of financing for new projects is expected to be challenging in the near term. Segmentations covered into report: Regional Analysis: In this section, we will provide an in-depth analysis of the biomass electricity market at the regional level. We will cover the major regions where biomass electricity is being generated and consumed. We will also discuss the key trends, opportunities, challenges, and risks factors associated with regional biomass electricity markets. The major regions covered in this section include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each of these regions, we will provide an overview of the market size and growth prospects. We will also discuss the key drivers and restraints impacting the regional markets. North America is one of the leading markets for biomass electricity generation. The region has a large number of biomass power plants operational, with a total capacity of over 15 GW. The U.S. is the largest market in the region, accounting for a majority of the total capacity. Biomass power generation in North America is primarily used for utility applications. Major Players Profiled in the Market Report: The “Global Biomass Electricity Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Enviva, Pinnacle Renewable Energy Group, Pacific BioEnergy Corporation, Acciona Sa, Dong Energy A/S, Acciona Sa, Ameresco Inc., E.On Se, Graanul Invest Group, RWE Innogy, Lignetics, Orsted A/S, Oulun Energia Oy, NTPC, Skive Fiernvarme, and Babcock & Wilcox Enterprises Inc. Key Questions Answered In This Report: • Covid 19 impact analysis on global Biomass Electricity industry. • What are the current market trends and dynamics in the Biomass Electricity market and valuable opportunities for emerging players? • What is driving Biomass Electricity market? • What are the key challenges to market growth? • Which segment accounts for the fastest CAGR during the forecast period? • Which product type segment holds a larger market share and why? • Are low and middle-income economies investing in the Biomass Electricity market? • Key growth pockets on the basis of regions, types, applications, and end-users • What is the market trend and dynamics in emerging markets such as Asia pacific, Latin America, and Middle East & Africa? Unique data points of this report: • Statistics on Biomass Electricity and spending worldwide • Recent trends across different regions in terms of adoption of Biomass Electricity across industries • Notable developments going on in the industry • Attractive investment proposition for segments as well as geography • Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast) Table of Content: 2. Table of Contents Douglas insights UK limited is the first company to provide comparison of market research reports by table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match. Isabella Hawke

Pinnacle Renewable Energy Frequently Asked Questions (FAQ)

  • Where is Pinnacle Renewable Energy's headquarters?

    Pinnacle Renewable Energy's headquarters is located at 350 - 3600 Lysander Lane, Richmond.

  • What is Pinnacle Renewable Energy's latest funding round?

    Pinnacle Renewable Energy's latest funding round is Acq - P2P.

  • Who are the investors of Pinnacle Renewable Energy?

    Investors of Pinnacle Renewable Energy include Drax Group, Prospect Co and ONCAP.

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