News

Memorandum signed for a CHP plant investment

Published

July 1, 2015

Comments

comments icon

0

Share

Published:

July 1, 2015

Comments:

comments icon

0

Share

Official website of the City of Kruševac said the local authority signed a cooperation memorandum concerning a future cogeneration plant with Building Energy 1, subsidiary of Building Energy from Milan, Italy, and local company Sinergy Invest.

The construction and installation project is worth EUR 25 million, and the plan is to initially employ 30 to 50 people, the press release said. The city’s officials said it is possible to establish special cooperation with the Italian company also in the field of solar energy, including a study and a plan to install a photovoltaic facility.

The planned combined heat and power plant, fuelled by biomass, will be located next to the district heating facility, in order to enable them to connect, and the project’s start is planned for October 14. The project is supposed to be complete in two years, the press release said. Paolo Rossi, Building Energy’s head manager for Eastern Europe, visited Kruševac in April.

Related Articles

Battery storage investors Romania rapidly expanding project pipeline

Battery storage investors in Romania rapidly expanding project pipeline

16 August 2025 - In an rising investment wave, firms in Romania are combining energy storage with solar, wind and hydropower or building standalone systems

north macedonia guarantees of origin solar power plant oslomej

Good start for North Macedonia: in first two months 100k+ guarantees of origin issued

15 August 2025 - In April, the National Electricity Market Operator (MEMO) established the Register of Guarantees of Origin for electricity

Heat pump sales in Europe fell dramatically in 2024

Heat pump sales in Europe plunge in 2024

15 August 2025 - The EU wants to reach 60 million heat pumps by 2030, but sales in major European markets fell 22% in 2024

serbia eps profit results 2025

Serbia’s EPS reports EUR 234 million profit for first half of 2025

15 August 2025 - State-owned Elektroprivreda Srbije (EPS) achieved lower profit in the first half of the year than in the same period of 2024