Bulgarian cellulose producer Sviloza has commissioned a grid-connected installation for generating heating and electricity from waste biomass for an investment of 70 million levs (€35.8 million) in total, reported SeeNews.
The plant has a capacity for generating 65 tonnes of steam and 16MW of electricity per hour.
Sviloza will use the plant's energy output for its own consumption needs and will sell the excess production on the unregulated market.
A loan from United Bulgarian Bank financed 50% of the project, with Sviloza covering the rest.
Chinese company Jinan Boiler Group designed and constructed the installation, in line with regulations applicable within Bulgaria and the European Union.
"Svilosa's activities are currently on hold due to the inadequate volumes on the wood market, but we will not give up in the face of difficulties," said company owner Krassimir Dachev.
Bulgarian cellulose producer commissions biomass installation
