Seen this in an investment proposal currently open looking for investors. Thought to share and see what others think.
What is BioCoal?
BioCoal are wood pellets processed through a torrefaction unit. BioCoal is a solid enhanced biomass fuel in terms of energy density: indeed, it is almost twice the energy density of wood sawdust pellets and is equivalent to the energy density of the coal used by utilities in coal fired power stations.
High-grade solid fuel suitable for multipurpose commercial, industrial and domestic use, BioCoal is mainly used as renewable fuel for the substitution of coal in electric generation facilities or for the substitution of wood fuel pellets, briquettes or other biomass-based fuels with high energy density.
BioCoal is hydrophobic, easy to store and handle and has similar characteristics as ordinary coal except that it is CO2 neutral.
Source:
https://www.4energyinvest.com/home.aspx?id=1000181&lg=en
coldry - competitor biocoal
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