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

First prosumer in Bosnia and Herzegovina is secondary school in town of Lopare

07 December 2023 - The Municipality of Lopare is continuing to pioneer renewable energy use and the energy transition in the country and the Western Balkans

TIDZ, North Macedonia, solar power plant

North Macedonia seeks investors in solar power projects in industrial zones

07 December 2023 - Investors can apply for public-private partnerships in North Macedonia for the construction of solar power plants in industrial zones

montenegro electrcity export energy balance bih hpp piva

Electricity becomes Montenegro’s biggest export item

07 December 2023 - Photovoltaic output increased fivefold, however it was 50% below plan, according to the Energy Balance of Montenegro for 2024

Bulgaria EUR 8 2 million Stara Zagora hydrogen valley

Bulgaria earmarks EUR 8.2 million for Stara Zagora hydrogen valley

07 December 2023 - Minister of Innovation and Growth Milena Stoycheva said the Stara Zagora hydrogen valley project would get EUR 8.2 million in EU funds