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MET Group, through its 51% joint venture PEPO Energy, has launched a 1.2 MW biogas power plant in Serbia. PEPO Energy, a joint venture between Switzerland-based energy company MET Group and Arhar Teh, a local firm in the north-eastern Serbian town of Novo Milosevo, has constructed and commenced operations of a green energy power plant which utilises residue agricultural biomass for biogas production, which in turn generates electricity and heat. The plant has a design capacity of 1.2 MW. MET Group entered the PEPO project in May 2020, acquiring 51% of the equity and providing the necessary project finance. Zorana Mihajlović, Deputy Prime Minister and Minister of Mining and Energy emphasized the importance of building a new biogas power plant in Serbia, in addition to the 28 existing ones. “Currently, we are building another 73 biogas power plants in Serbia, and with about 100 MW of capacity being installed in a year or two, Serbia will produce more electricity from ....
MET Group JV launches 1.2 MW biogas plant in Serbia | Bioenergy Insight Magazine bioenergy-news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bioenergy-news.com Daily Mail and Mail on Sunday newspapers.
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Swiss-based MET Group launches 1.2 MW biogas plant in Serbia Source: MET Group BELGRADE (Serbia), January 26 (SeeNews) - Switzerland-based energy company MET Group has launched a 1.2 MW biogas power plant utilising residue agricultural biomass in Serbia, it said on Tuesday. MET Group participates in the project through PEPO Energy, a joint venture with Serbian company Arhar Teh in which it holds a 51% stake, MET Group said in an e-mailed statement. The PEPO power plant is yet another milestone in our renewables strategy, and demonstrates our strong commitment to a green and sustainable future. It also further underpins our commitment to Serbia, where MET has been doing business since 2009. We would like to continue to expand our renewable and conventional activities here, further investing in the Serbian economy, Benjamin Lakatos, CEO of MET Group, said. ....