The developer of a 5 MW biogas power plant project in Belarus, UAB Modus Group, is seeking a US$18.4 million financing from the European Bank for Reconstruction and Development (EBRD).
The project, consists of three biogas plants, is expected to result in (i) CO2 emissions savings of approx. 15,200 tonnes annually and (ii) waste minimisation and further greenhouse emissions avoidance from methane fugitive emissions that would be the result of annual waste degradation.
The loan financing from EBRD accounts for the majority of the project's costs of US$26.3 million.
Country updates
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January 29, 2018
EBRD provides US$15 million for 4 biogas CHP plants in Belarus
The European Bank of Reconstruction and Development (EBRD) has announced that it is financing the construction of four biogas combined heat and power plants in Belarus. The bank is loaning u...
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May 25, 2017
Belarusian utility RUP Vitebskenergo has commissioned the hydroelecric plant that has 24-MW capacity
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August 30, 2016
Velcom has announced the completion of the project
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April 01, 2016
BISOL Group has been selected to install the project's photovoltaic (PV) modules
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February 22, 2016
Cameliasiade has commenced design and survey work on the project
