Renewables

Energy production from biomass with USD 1.6 million from UNDP

Published

May 18, 2015

Country

Comments

0

Share

Published:

May 18, 2015

Country:

Comments:

0

Share

Businessmen interested in investing in the facilities for combined production of electric and thermal energy from biomass or biogas can count on USD 1.6 million (EUR 1.46 million) provided by the United Nations Development Programme (UNDP), officials at the Serbian Chamber of Commerce stated at a conference, Tanjug agency said.

An individual donation per project stands at 15% of the investment value of the project – maximum USD 266,000 on condition that the total investment value of the project exceeds USD 1.2 million, as reported by InSerbia.info portal. A USD 30.5 million worth project for ’Reducing Barriers to Accelerate Development of Biomass Markets in Serbia’ is implemented by UNDP and the Serbian ministries of energy and agriculture and environmental protection. It is also partly funded by the Global Environment Facility (GEF).

Project ’Reducing Barriers to Accelerate Development of Biomass Markets in Serbia’ is worth USD 30.5 million.

The public invitation, which is open until October 15, was published by the Ministry of Mining and Energy on its website, in an effort to support the building of eight facilities for combined production of electric and thermal energy from biomass or biogas.

Tags: ,

Related Articles

slovenia army hydrogen kranj

Slovenian military barracks to host pilot hydrogen hub

29 March 2024 - The Slovenian Armed Forces are currently the leader in the development of hydrogen technologies in the country

Coal-power-plants-Bulgaria-cutting-production-losses-pollution

Coal power plants in Bulgaria cutting production amid losses, pollution breaches

29 March 2024 - Coal plants in Bulgaria have halved output as renewables and gas power are cheaper and due to CO2 emission costs and pollution control

Maja Turković

Maja Turković – leader of energy transition

29 March 2024 - Through her work on renewable energy projects and in the WISE Serbia women's network, she not only breaks new ground in the energy sector, but also supports women, paving the way towards an inclusive and sustainable future

Greece ranks first in Europe in number of citizen energy communities

Greece ranks first in Europe in number of citizen energy communities

29 March 2024 - Greece holds the first place in the number of citizen energy communities, according to a new report by CEER