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

bulgaria citi Kozloduy financing nuclear power plant

Bulgaria partners with Citi to secure financing for new nuclear power units in Kozloduy

18 July 2025 - The two sides have initiated a partnership for building units 7 and 8 at the existing 2,000 MW Kozloduy nuclear power plant

bih epbih waste incineration tpp tuzla trial

BiH’s power utility EPBiH cancels waste co-incineration trial in Tuzla coal plant

18 July 2025 - Power utility Elektroprivreda Bosne i Hercegovine aborted a waste co-incineration test at its Tuzla coal power plant

Energy Community marks 20th anniversary as integration pillar for Southeastern Europe

Energy Community marks 20th anniversary as integration pillar for Southeastern Europe

17 July 2025 - The Energy Community Ministerial Council held its annual informal meeting in Athens, where the organization was founded twenty years ago

serbia hungary mvm maneks energotehnika juzna backa elektromontaza

Hungary’s MVM becomes majority owner of two Serbian firms

17 July 2025 - MVM is the dominant producer, distributor, and supplier of electricity and gas in Hungary, while the two firms were privately owned