about us | newsletter | contact | archive | members area
Christian Traunfellner, Immofinanz
There is an increasing need for high-quality office properties»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

UK’s Eco2 targets 200 million Euro plus investments in biomass

Welsh-based renewable energy developer Eco2 is targeting the development of two biomass plants in Romania – in Slobozia, Ialomita county and Rosiorii de Vede, Teleorman county

March 2011 - From the Print Edition

The total investment for each plant could exceed 100 million Euro, while both plants will have an installed power of 40 MW.
The biomass plant in Slobozia could begin construction at the end of 2012 for a finish date of 2014. This power producer will be on private leased land, while the Rosiori de Vede project aims to be developed with the assistance of the local council.
The plants will combust primarily wheat straw, but also straw from rape, sunflower and corn and woodchip.
One of the key attractions for the development is the anticipated availability of large incentives through a Government renewable energy scheme, which favours biomass and solar power, Roger Preston, Eco2 representative for Romania tells The Diplomat.
The Cardiff-based company aims to sign 12-year contracts with local farmers to bale straw for the projects and it will need to source feedstock from a 70 km radius around the locations.
“Farmers get extra money and the company is building a market for a product where there was no market before,” says Preston.
The capacity for each plant is 240,000 tonnes of straw per year.
Once the local authorities give permission for the projects, they need to gain a zoning certificate and grid connection permits from state power grid company Transelectrica.
The projects could create 150 jobs in each plot.



COMMENTS
There is 1 comment:

Phil Pels: on 2011-03-20 22:50:10
ECO2 IN ROMANIA............

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

1 Comment  |  8582 View
Daily Info
New car sales increase by over 20 per cent in Romania in the first quarter

New vehicle sales in Romania increased by 20.3 per cent in the first quarter of this year compared to the same period of 2017, reaching almost 36,000 units, according to data ...

Turkish Opsan leases 5,000 sqm in CTPark Pitesti

Turkish car parts maker Opsan has leased 5,000 square meters of industrial space in CTPark Pitesti, the project developed by CTP.

Around 35 percent of the Romanian roads are covered with stone and soil, statistics show

Romania has made little progress last year in modernizing its infrastructure, official statistics released on Wednesday showing that 35 percent of the roads are covered with s...

Banca Transilvania posts 366 million RON profit in Q1

Banca Transilvania registered a net profit of 366 million RON (78.7 million Euro) in the first quarter of this year, up 48.7 percent from the same period of 2017, due to risin...

Garanti Bank grants 2 million Euro for the development of the Anima clinics network

Garanti Bank recently granted a 9.3 million RON (2 million Euro) investment loan and working capital facility to Anima, part of Medlife Group, for the development of its netwo...

 
 
   
advertising

advertising

advertising

advertising

More on News
ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

2 Comments

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

1 Comment

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a signif...

Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Ch...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research &...

1 Comment