News
Bulgarian-Portuguese JV to build six biomass plants in Bulgaria
Bulgarian-Portuguese joint venture Mape Development will pump EUR 150 million into the construction of six biomass-fuelled power plants with a combined installed capacity of 30 megawatts in Bulgaria over the next four years, the firm said. The first facility will be built in Panagyurishte, central Bulgaria, and will have a capacity of five to 10 megawatts. Mape Development is part of Portuguese consortium MAPA SGPS Group, which plans to build five biomass-fuelled plants in Portugal. Investors have so far pledged to develop 40-50 megawatts of biomass-fuelled projects lured by the preferential energy price for combined production. Italian Enel and Austrian EVN have so far unveiled plans to develop biomass projects. Bulgaria’s sole biomass power plant, located in the western ski resort of Bansko, pumps heating energy into hotels and municipal buildings in the area. Enemona, the Bulgarian power engineering company, has been awarded a First Class Investor certificate by InvestBulgaria, the local investment promotion authority, for its plans to build a biomass-fuelled facility in the Danube town of Nikopol announced early in the year. Source: www.dnevnik.bg