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Kaidi: A biofuel refinery investment project
Sunshine Kaidi New Energy Group, one of the leading bio energy companies in China, planned a biofuel refinery investment project, an investment of one billion euro to Finland.
€900 m
total investment estimated
150
jobs anticipated
€200 m
annual tax revenue estimated
Key numbers
About the project
New pilot projects are needed for the development of renewable energy technologies. European Union is striving to achieve ambitious energy and climate targets by 2030, including 6,8% mandate for advanced biofuels and biogas in the transport sector.
Kaidi Finland planned to build a globally unique second generation biomass plant in Kemi. Kaidi’s sustainable technology enabled production of biofuels by using wood as the main feedstock. In addition to local wood, Kaidi’s plant aimed to also utilise sawmill by-products and even leftover bark from the forest industry.
It will be the first of its kind in the world.
The technology used in the biorefinery was globally unique and the planned facility was to prove that high-quality biodiesel can be produced from woody biomass. The plant aims to produce >200,000 metric tons of biofuels per year and its output will be 75% biodiesel and 25% biogasoline.
Spinverse’s role
Spinverse assisted Kaidi in financial, permit, feedstock and other strategic arrangements enabling a successful entrance to the European markets.
Pekka Koponen, founder of Spinverse Group, acted as an advisor to Kaidi Finland.
About the project
The LIFE Lit4Nature aims to establish a stronger, evidence-based system for biodiversity conservation and restoration across Lithuania. Major focus will be placed on strengthening the national biodiversity monitoring system, improving data collection and integration and on introducing innovative monitoring approaches to support evidence-based conservation and restoration decisions.
Impact of the project:
The project aims to boost stronger biodiversity and ecosystem recovery across Lithuania through nationwide conservation and restoration. Further, it wants to achieve better national coordination for efficient and well targeted conservation measures and their funding.
Funding instrument LIFE Programme
Spinverse’s role
Spinverse experts supported the coordinator throughout the two-stage LIFE Strategic Nature Project application process from concept note development to submitting the final proposal.
The support included workshops that brought together the proposal team to sharpen the project concept and focus the application on the most relevant and critical aspects of Lithuania's
Prioritised Action Framework for Natura 2000 and the forthcoming National Restoration Plan.
Spinverse’s strategic guidance, hands-on support and thorough quality reviews helped us focus on the critical aspects, strengthen the proposal logic and present its impacts convincingly. Their LIFE expertise gave our team confidence and contributed significantly to the proposal’s high quality and successful funding outcome.”
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