Yilkins becomes Ecostrat’s first BDO Zone Strategic Alliance Partner
January 18, 2022 By Ecostrat
Ecostrat is pleased to announce that Yilkins has joined as the first BDO Zone Strategic Alliance Partner – Technology Group. BDO Zone Strategic Alliance Partners are best-of-kind companies that help de-risk bio-based project development in BDO Zones.
“The BDO Zone Initiative delivers critical biomass feedstock knowledge and sources to enable new, biomass-based sustainable supply chains for which Yilkins has developed highly efficient and cost-efficient biomass conversion technologies which produce valuable products for energy, industrial, chemical, and bio-fuels applications. Our strategic partnership with the BDO Zone Initiative contributes to sustainable value creation, sustainable development goals, and new jobs in rural areas,” says Guy Penard, vice-president, Yilkins North America.
Jordan Solomon, president of Ecostrat, states: “A BDO Zone rating signals that a region has undergone rigorous and extensive due diligence using over 100 standardized, transparent, and validated risk indicators based on the BSCR Standards for bio-based investment. ‘A’ and ‘AA’ BDO Zone Ratings identify areas in the country best positioned for low-risk bioeconomy project development.
BDO Zones do three key things: they help project developers identify new project locations easier and faster; they help investors more quickly deploy capital in these regions; and they help communities create new clean energy jobs. Oftentimes, small communities don’t have the platform or the credibility to promote themselves as great areas for future bio-based development. BDO Zone designations change that, and raise the flag over these communities as some of the best areas in the country to build the next bio-based plant.”
American biomass provides an economic development engine with the potential to create 160,000 jobs and nearly $15 billion of economic benefit. The BDO Zone Initiative can help the U.S. realize this potential by supporting new market development for American bioenergy, advanced biofuels, bio-based heat and power, bio-materials, and clean hydrogen.
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