News

Biomass, biogas CHP projects get grants from GEF

Published

November 13, 2015

Comments

0

Share

Published:

November 13, 2015

Comments:

0

Share

Mining and energy minister Aleksandar Antić signed grant contracts with representatives of six companies for construction of biomass- or biogas-fired combined heat and power (CHP) facilities in the total value of USD 1.6 million (EUR 1.49 million), following a public call by the ministry. It said three facilities will be installed in Bač, and one each in Aleksinac and near Alibunar and Zrenjanin. Antić said overall power capacity is 6.32 MW, and that yearly generation is expected to be 47 GWh a year of heat and about the same amount of electricity. Total investment is EUR 21.15 million, according to a statement on the ministry’s website.

Evaluation commission of representatives of the aforementioned and the Ministry of Agriculture and Environmental Protection of Serbia worked with the technical support and the participation of the observers from United Nations Development Programme (UNDP), the organization said.

Projects were evaluated according to the criteria of environmental viability of the fuel, level of development of the region where the investment is made, how modern the applied technology is, efficiency and cost-effectiveness of the plant and full utilization of technical potentials, the statement said.

Grants are provided through the EUR 28.42 million project ‘Reducing Barriers to Accelerate the Development of Biomass Markets in Serbia’ financed by the Global Environment Fund (GEF) and implemented and co-funded by UNDP, in cooperation with the ministries. Individual projects get up to 15% of investment value, or the maximum of EUR 256,000, as long as total project investment value exceeds EUR 1.18 million. Thirty percent of the allocated funds will be awarded as the contracts are signed, and the remainder will be paid after the investment is complete.

UNDP’s energy portfolio manager Maja Matejić said the organization recently prepared an energy efficiency project with the Ministry of Mining and Energy. The endeavour is worth EUR 2.33 million and is also funded by GEF, for a total investment of EUR 18.63 million. It is based on efficiency legislation’s implementation at the local level, she added.

 

Related Articles

hungary batteries energy storage tender

Hungary awards EUR 158 million for 440 MW of energy storage

26 April 2024 - The tender that was completed enables the installation of around fifty battery energy storage systems in Hungary, the government said

alcazar us dfc investment renewables

Alcazar secures USD 50 million from US DFC for investments in Western Balkans, other markets

26 April 2024 - The US International Development Finance Corporation said it has finalized a landmark USD 50 million equity investment in Alcazar

Neda Lazendić

WISE Serbia Chairwoman Neda Lazendić embodies dedication, expertise, and leadership

26 April 2024 - In the world of energy, Neda Lazendić stands out for her commitment, expertise and leadership. She is the country manager for Serbia at WV-International, with over ten years of experience in the renewable energy sector

Mitsubishi Power commissions desulfurization system Serbia s TENT A coal plant

Mitsubishi Power commissions desulfurization system in Serbia’s TENT A coal plant

25 April 2024 - Serbia finally got its second coal plant desulfurization system, in TENT A in Obrenovac near Belgrade, so the air is about to become cleaner