News

Future CHP plant should come online in December

Published

June 29, 2015

Comments

comments icon

0

Share

Published:

June 29, 2015

Comments:

comments icon

0

Share

Company Energijainvest started the construction of its biomass-fuelled combined heat and power (CHP) plant in the town of Grubišno Polje in Croatia’s northeast. The planned capacity is 3.8 MW, electricity will be supplied to the public grid, while heating will be used by the company.

As one of its founders Stjepan Rajnović said, the investment is worth HRK 12 million (EUR 1.58 million) and he started doing paperwork a year ago with Milan Gomerčić, another co-founder, using funds from a loan. „We wish to end construction works by the end of October, after which comes the mounting of equipment for about a month, then it’s 15 days of test operation, so we aim to make the facility work around mid-December,“ he said and Radio Grubišino Polje reported on the town’s website.

The plant will use wood chips as fuel and four people should be employed, but several times more workers will be hired through co-op deals, the article said. The return on investments is expected within six years. Mayor Zlatko Mađeruh said this energy facility project was the last of three in the town to start developing, but the first to launch construction works, as the investors were more diligent on applying for permits and took care of the financing.

Related Articles

croatia zadar wastewater management water quality

Croatia gets EUR 55 million to rid households of septic tanks on Adriatic coast

23 December 2024 - Croatia received funds for improving wastewater management in the Zadar-Petrčane agglomeration on the Adriatic coast

Greece 50 support businesses batteries

Greece to provide up to 50% support to businesses for batteries

23 December 2024 - The Greek Ministry of Environment and Energy launched the Energy Storage for Businesses program with subsidies for installing batteries

Borislav Kostadinov Green for Growth Fund accelerating expansion GGF EUR 1 billion mark interview

Kostadinov: The Green for Growth Fund is accelerating its expansion after topping EUR 1 billion mark

23 December 2024 - The Green for Growth Fund recently topped EUR 1 billion in AUM and the demand for its offering is steadily picking up, the Director for GGF at Finance in Motion Borislav Kostadinov revealed

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania