TEXEL Energy investing in Jord to expand C4 biomass pellets for bioenergy

In Sweden, TEXEL Energy is further investing in Jord AB, and simultaneously, the companies have signed an agreement to adapt TEXEL’s energy production technology to generate electricity from Jord’s pellets and briquettes, made from C4 grass. Jord’s ambition is to cultivate the world’s fastest-growing biomass (C4 grass) at various locations around the globe to convert it into renewable fuel in the form of pellets and briquettes.

Jord has existing cultivations of this special grass in both Senegal and the Dominican Republic, and with TEXEL’s recent acquisition of assets from the publicly listed Swedish Stirling, as well as certain assets from the formerly listed AZELIO, TEXEL has taken over assets which are now to be adapted to convert C4 grass into scalable electricity. The project is regarded as an important part in the global energy transition.