Under the agreement Helius Energy will develop projects agreed jointly by the two companies. Helius Energy will be responsible for conducting market research, arranging financing, obtaining construction and environmental permits, and making energy supply agreements. Wartsila BioPower’s role, meanwhile, will be to design, engineer and deliver the plants.

The agreement initially covers 13 joint projects but this number could increase in the future, the two companies revealed.

Helius Energy recently unveiled plans to build a GBP100 million biomass-fueled power plant in Grimsby, UK. The power station is expected to be able to supply electricity for all of North East Lincolnshire and could be built near to Lenzing Fibres and Centrica’s gas-fired plant.