Biogest enters Greek market with two biogas projects
The first project, on the island of Rhodes, will be a 500 kW Biogest PowerRing® plant, designed to run on olive pomace, oil residues, food residues from hotels, and by-products from the food and beverage industry. The facility will be able to supply around 1,300 households with electricity every year.
The second project, a 1 MW Biogest PowerRing® plant in the region of Thessaly, will mainly receive waste from local farmers keeping pigs, cows, and sheep to produce enough electricity to cover the consumption of 2,400 households annually.
“Greece has a huge market potential for biogas from agro-industrial residues,” said Martin Schlerka, CEO and managing partner of Biogest. “Moreover, we have observed an increasing pressure in some Mediterranean areas to process the residues coming from olive oil production, for which we have the capacity to offer different solutions.”
Biogest has also entered into a new cooperation agreement with Greek firm Break Even, for representation tasks in the Greek and Cypriot markets. The company, led by Dr Marco Margaritis, is a reference business in the engineering and renewable sectors and already generates ‘significant synergies’.
Following the renewable energy targets, Greece has developed an ambitious energy strategy, including attractive conditions for biogas plant development, which is supported by its large raw material potential across the country.
Biogest has experience with similar residues from the Mediterranean agro-industry in the Italian biogas market, such as olive pomace, where several projects are under development and construction. The transformation of olive oil mill residues into biogas and fertiliser opens up new opportunities to provide a solution for a problematic residue while creating products with high added value.