

Project: 1,2 MW biomass cogeneration plant with drying systems
Location: industrial zone Vašarište, Vrpolje, Croatia
Business model:
- 14-year PPA* for electric and heating energy produced from a cogeneration plant
- Electrical energy – sold solely to HROTE (Croatian energy market operator d.o.o.)
- Heating energy – sold to CEP Sušara Vrpolje d.o.o. for drying biomass (phase 1) and drying wood planks (phase 2)
Investment:
- Renewable energy plant 1,2 MW electric and 2,0 MW heating power
Technology:
- 8x (Holzgasifier and MTU motor/generator)
Size of investment: 3.375.000 €
Permits/Contracts: Activated PPA –3Q2020
Time/start: Construction: 2Q2019 Exploitation: 3Q2020
*Power Purchase Agreement