The ESB has purchased a sharehold in a floundering UK company that produces small power plants designed to burn waste wood and convert it to green electricity. The state-owned power utility announced its investment of £4.5m to buy the stake saying that Yorkshire-based Bioflame had already received planning permission to build 17 of its small-time biomass incinerators. The firm can process nearly 30,000 tonnes of waste each year and generate enough electricity for 6,000 residences. Most of the plants are typically built alongside waste dumps and burn wood that otherwise would be sent to landfill. Bioflame will ... Full Story

