Portfolio
Domestic assets. Contracted cash flows.
Two projects operational or in active development. Five additional projects in qualification across the California and Oregon in the lumber, forestry and agrecultural sectors for 2026–2027 deployment.
Active Projects
● Operating · Joint Structure
Montana · Columbia Falls
HMR-EJ1
First commercial AC deployment. BioEnergy Solutions (BESi) owns the EJ1 unit producing biochar; Opala owns the activated carbon module and monetizes ID1000 AC production in partnership with BESi.
Biochar unit (EJ1)
Owned by BioEnergy Solutions (BESi)
AC module
Owned by Opala Energy
Opala revenue
ID1000 activated carbon (with BESi)
Base products
Biochar (BESi)
Feedstock
Douglas fir · Pine residuals
Power
100% on-site syngas
Technology
EXRGY · BioEnergy Development
◎ In Development
California · Central Valley
Opala Carbon 2
Three-unit BioGrid™ deployment at a Central Valley walnut processor. Produces certified biochar and firm power from day one, with ID1200 activated carbon as the Phase-2 upgrade. Opala's lead project-developer site.
SPV
Opala Energy 2, LLC
Base product
Certified biochar + firm power
Phase-2 upgrade
ID1200 activated carbon
Units
3 EXRGY unit BioGrid™ with AC
Feedstock
Walnut shell · 30,000 MT/year
Certification
Puro.earth — New Project
Stage 1 commissioning
October 2026
Full commissioning
December 31, 2026
Tech partner
BioEnergy Development Inc.
2026–2027 Pipeline
Five additional projectsin qualification.
Opala is actively qualifying sites across California's Central Valley tree nut corridor, the Pacific Northwest forestry sector, and California's agricultural methane compliance market. Each project follows the same model: captive feedstock at the source, contracted offtake before capital deployment, stacked federal tax profile.
01
● in development
California · Central Valley
Almond shell · ID1200 activated carbon · PFAS mandate
02
● in development
California · Central Valley
Pistachio shell · Activated carbon / engineered biochar
03
● in development
Oregon
Lumber Mill residuals · Biochar · BioCarbon
04
● in development
Northern California
Forest thinning residuals · Biochar · BioCarbon for coal replacement
05
● in development
Oregon
Agricultural biomass · Biocarbon / activated carbon
2
Active projects
5
Pipeline sites in qualification
3
Carbon product outputs
<3
Payback before incentives
§48E
Payback before Transferable ITC + 100% bonus depreciation