About Argonaut

Argonaut was founded in 2006 to address an extreme supply and demand imbalance present within the wood pellet industry. Despite nearly one million tons of additional capacity coming online in the past 3 years, this imbalance still exists. The Wall Street Journal Business section featured an article in July, 2009 about this continuing problem.

"Wood Pellets Catch Fire as Renewable Energy Source
by Russell Gold

Some of the fastest growing sources of renewable energy in the world are the wind, the sun – and the lowly wood pellet.

European utilities are snapping up the small combustible pellets to burn alongside coal in existing power plants. As a global marketplace emerges to feed their growing appetite for pellets, the Southeastern U.S. is becoming a major exporter, with pellet factories sprouting in Florida, Alabama and Arkansas. Read more..."

Argonaut’s Mission: to maximize renewable energy growth opportunities for investors and employees in regions where there is resources for a renewable energy project. We want to find communities that are interested in having new industry of this kind that will not adversely impact the local markets.