Renewables

SET Green Technology to invest EUR 12 million in four biogas power plants

Photo: SET Green Technology

Published

August 26, 2021

Country

Comments

comments icon

0

Share

Published:

August 26, 2021

Country:

Comments:

comments icon

0

Share

SET Green Technology plans to build four biogas power plants in Šabac, with a total capacity of 4 MW. The investment is estimated at EUR 12 million and the first facility will be put into operation by the end of the year.

The biogas boom in Serbia is fueled by state incentives that are intended to increase the share of renewables in total energy consumption. Cogeneration biogas power plants receive from 15 to 18.3 euro cents per kilowatt-hour of electricity produced.

Expected annual output of electricity is 34 GWh, combined with 36 GWh of heat

There are currently 131 biogas power plants with a capacity of 110 MW in the register of privileged and temporarily privileged producers of energy from renewable energy sources. However, only about 30 are finished, while the rest are under construction including four facilities planned by SET Green Technology power plants, which will also receive feed-in tariffs.

The company’s director Miloš Srećković told Balkan Green Energy News that SET Green Technology would put four power plants into operation, each with a capacity of 1 MW, and that their estimated production would be around 34 GWh of electricity and around 36 GWh of heat.

He said wheat and soybean straw, corn stalks and the whey from a nearby dairy factory would be the raw materials for the farm.

A network of subcontractors has been developed for the delivery of raw materials

Each of the power plants will have its own combination of raw materials.

The four facilities will use all types of organic waste, in addition to the basic raw materials, to contribute to environmental protection and safe disposal of organic waste, said Srećković, adding a network of subcontractors for raw materials delivery in the Mačva area in western Serbia has been set up.

The first power plant should be put into operation by the end of this year. The second and third one should be finished by mid-2022 while the fourth is scheduled to come online in 2023.

SET Green Technology

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Green for Growth Fund invests in Turkiye Is Bankasi's green bond

Green for Growth Fund invests in Türkiye İş Bankası’s green bond issue

11 October 2024 - The Green for Growth Fund (GGF) signed a deal for its second direct investment in Türkiye İş Bankası in Turkey

axpo petrol ppa slovenia

Axpo, Petrol ink first physical PPA in Slovenia

10 October 2024 - It is the first PPA in the country for the physical delivery of electricity – to one of Petrol’s end customers

eles siemens energy memorandum Adnan Chaudhry mervar presern slovenia

ELES, Siemens Energy enter strategic partnership to develop digital technologies for electricity grids

09 October 2024 - Slovenia’s operator of the combined transmission and distribution network ELES has signed an MoU with Siemens Energy

TotalEnergies PPA Saint-Gobain France five year power purchase agreement

TotalEnergies to supply Saint-Gobain under five-year solar, wind PPA

09 October 2024 - TotalEnergies will supply renewable electricity to Saint-Gobain in France under a five-year power purchase agreement