News

Biomass, biogas CHP projects get grants from GEF

Published

November 13, 2015

Comments

comments icon

0

Share

Published:

November 13, 2015

Comments:

comments icon

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

Bulgarian battery factory Exeron X-BESS gets EU strategic status

Bulgarian battery factory Exeron X-BESS gets EU strategic status

16 July 2025 - IPS is opening the Exeron X-BESS factory as one of only six strategic projects in the EU designated under the Net Zero Industry Act

romania R. Power Renewables Lazuri Solar Park

R. Power Renewables to start construction of 55 MW PV project in Romania

15 July 2025 - R.Power Renewables published the main details ahead of the start of construction of its Lazuri Solar Park in Satu Mare county in Romania.

Slovenia publishes call for incentives for wind solar power projects

Slovenia publishes call for incentives for wind, solar power projects

15 July 2025 - Solar and wind power projects with or without energy storage that are on Slovenia's priority list can be submitted for grants

Electrica sells green bonds for EUR 500 million amid record demand

Electrica sells green bonds for EUR 500 million amid record demand

15 July 2025 - Electricity supplier and distributor Electrica listed its first green bonds on the Luxembourg Stock Exchange