Southeast Renewable Energy announced that it has planned to build a biomass plant in Allendale County, South Carolina, for $50 million. The material source for the biomass plant will be timber residues.
The biomass energy plant is scheduled to be finished in 2012, and likely to create 20 fresh jobs over five years. The plant is also expected to create indirect jobs in trucking, logging, and forest product industries.
The President and CEO of the company, Raine Cotton, said that the company is working hard to finish the last processes for the project, such as permit, so that the construction begins by early 2011.
Southeast Renewable Energy has also planned to build the same kind of biomass plant in Dorchester County, South Carolina. For both the projects, the company has entered into a 30-year deal with Santee Cooper for the sale of power.