Verenovo biochar production facility adding new value to an old supply chain

Active Project Grant Awarded

Award ID
24DG11083150208
Recipient
Awarding agency
Obligated
$600,000

Award facts

Assistance listing
10.674 Wood Utilization Assistance
Completion date 42% complete
Funding
  • $300,000.00 Federal
  • $300,000.00 Non-federal
Place of performance
North Carolina, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

This $600,000 Project Grant award, provided by the United States Department of Agriculture (USDA) Forest Service under the Wood Utilization Assistance program (CFDA 10.674), will support Verenovo Energy Inc. in establishing a new biochar production facility in North Carolina. The funding will enable Verenovo to expand its capacity to manufacture biochar, a sustainable product derived from woody biomass. This project aims to create additional value in the forestry supply chain by developing new wood utilization technologies and promoting the use of biochar for environmental and economic benefits. The award has a performance period of 5 years, from September 2024 to September 2029.

Quick answers

Who received award 24DG11083150208?

24DG11083150208 was awarded to Verenovo Energy Inc. by Region 8 - Southern Region (Forest Service) on September 6, 2024.

How much is award 24DG11083150208 worth?

$600,000 has been obligated on 24DG11083150208: $300,000 in federal funding and $300,000 in non-federal funding.

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