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Projects

CEP Vrpolje

Croatia Energy Project Croatia Energy Project

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

Croatia Energy Project