Brazil’s Valorização de Resíduos makes $43m deal for biomethane plant
Brazil’s Orizon Valorização de Resíduos has agreed a US$43 million (€41.7 million) financing deal with Banco do Nordeste do Brasil (BNB) to construct a biomethane plant, reported BN Americas.
The plant, which will be located in Pernambuco state, is in the advanced construction stage.
With a capacity of 130,000m3/d and the company has a contract with Copergás - Pernambuco's gas distributor - for 60,000m3/d of the amount.
The gas will come from Orizon’s local eco-park, where it currently uses landfill-derived biogas to generate electricity.
U.S. landfill biogas facilities are achieving record levels of energy capture and investment, according to new analysis released Wednesday by the American Biogas Council (ABC)
The German bioenergy sector is facing a decisive moment as the federal government races to complete the notification process for the so-called Biomass Package by August 27
The facility will be BSOGE’s first project in the sector and is intended to act as a model for further large-scale biomethane developments across the country
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