Renewables

China’s Sunpower to design biomass power plant in Bulgaria

Photo: Pixabay

Published

July 31, 2018

Country

Comments

comments icon

0

Share

Published:

July 31, 2018

Country:

Comments:

comments icon

0

Share

A subsidiary of China’s environmental protection solutions company Sunpower Group will design a biomass power generation facility in Bulgaria, according to a press release from the Chinese company.

The subsidiary, Shandong Yangguang Engineering Design Institute Co., Ltd., will design a facility with a power generation capacity of 16MW, using waste from the pulp production process as the main fuel for the boiler to generate steam for the new pulp production line of the customer.

The 65t/h boiler will utilize the Circulating Fluidized Bed (CFB) method of coal combustion to achieve lower air pollutant emissions, according to the press release. Design work will begin in August 2018.

Riding on China’s Belt and Road Initiative, this is Yangguang Institute’s 55th overseas project in the 10th country outside China, according to the press release.

Established in 1988, Yangguang Institute provides design, consultancy, and technology services for the thermal power, architecture, municipal engineering, and other industries, bringing significant synergies to Sunpower’s expansion into the green investment (GI) business. To date, Sunpower has five GI projects in operation and five in the design or construction phase, the company said.

“We are pleased that Yangguang Institute has also played a part in bringing clean energy to overseas countries by lending its design expertise to public infrastructure projects in Indonesia, Thailand, Pakistan and other countries along the Belt and Road Initiative. In addition, it has brought significant synergies to Sunpower’s expansion into the GI business,” said Sunpower Executive Chairman Guo Hong Xin.

“The Group has set its sights on developing its GI business for long-term recurring income and high quality cashflows, given its de facto monopolistic business model and huge market potential driven by China’s accelerating green movement. We will continue to capitalize on our technological expertise and management capability to grow our GI portfolio, which is the Group’s value creator and growth driver,” Guo added.

Tags: ,
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Successful completion of the WISE serbia mentorship program trust, support, and personal transformation

WISE Serbia mentorship program successfully completed: trust, support, and personal growth

24 June 2025 - The first mentorship program of the WISE Serbia women’s network in sustainable energy, the green economy, and climate action was successfully concluded with an event held in Belgrade

Ireland ends coal use Spain Italy Greece set to follow

Ireland ends coal use – Spain, Italy, Greece set to follow

24 June 2025 - The last coal plants in several countries in the European Union are operating only barely or occasionally

Western Balkan coal plants cut harmful emissions 2024 breaches extreme

Western Balkan coal plants cut harmful emissions in 2024 but breaches remain extreme

19 June 2025 - SO2 emissions from NERP-bound coal plants in BiH, Kosovo*, North Macedonia and Serbia were six times above legal limits last year

serbia air quality ebrd loan sinisa mali sara pavkov Matteo Colangeli

Serbia secures EUR 50 million loan for air quality projects

12 June 2025 - The Government of Serbia has secured a EUR 50 million loan to be invested in a series of air quality protection projects