Monday, 06 February 2017

Biomass technology company BWE declares bankruptcy

European biomass technology company Burmeister Wain Energy A/S (BWE) was declared bankrupt last week, raising questions about the projects already in progress, the most high profile being Cramlington and Snetterton in the UK. Despite actual and forecasted upward growth in the global biomass energy industry, the brief statement explaining the BWE bankruptcy cites a fall in new orders and a loss-making project in Aarhus, Denmark as being partly to blame for the company’s collapse.   
Click here to view the original report.