Cellulose producer Sviloza commissioned a grid-connected facility for the production of thermal energy and electricity from waste biomass, with an investment of around 36 million euros.
The company said in a statement that the facility was financed at over 50% from its own funds and a loan from United Bulgarian Bank.
The facility was designed and constructed by the Chinese company Jinan Boiler Group in line with technical and environmental requirements applicable in Bulgaria and the EU. The plant has an installed capacity of 16 MW.
Sviloza is planning to use the produced electricity for its own consumption needs and will sell the excess production on the unregulated market.