Company · Energy
Planning to generate energy by burning wood waste at the former Redbank Power Station
Every investor coverage indicates participated in a round Verdant Earth Industries raised.
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Commentary contends the federal government's near-$53m backing of a Tasmanian cement kiln switch to burning wood waste and tyres is misguided, arguing biomass burning raises emissions, damages forests and wastes public money.
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Verdant Earth has filed US registration documents ahead of a planned Nasdaq listing, seeking roughly US$70 million to recommission a New South Wales power station to run on biomass and produce hydrogen.