Biomass Gas & Electric Company LLC (BG&E), an Atlanta-based renewable energy company, announces plans to build a power plant that will use waste wood products to create electricity. The environmentally friendly plant will generate about 75 megawatts, or enough electricity to power 46,000 homes. BG&E has signed a 20-year power purchase agreement for Progress Energy to buy the output of the plant, scheduled for completion in 2011. This is the second plant BG&E will build to provide power to Progress Energy out of a total of four power plants BG&E will construct in the next four years. Read »
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