The EBRD has provided US$11.3 million loan for the construction of two biogas plants in Belarus.
The funds will be lent to two special purpose companies established by the Lithuanian Modus Group. The two plants will have a total installed capacity of 3 MW and be able to generate 23.6 GWh of clean energy annually.
The project is supporting foreign direct investment in Belarus’ power sector and will be reducing CO2 emissions by 9,100 tonnes per year. In addition, the plants will provide a clean, efficient solution to the problem of dealing with large quantities of agricultural waste.
Technical assistance for the project has been provided by the government of Japan.
Country updates
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February 01, 2019
EBRD ponders funding 5 MW biogas projects in Belarus
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 proje...
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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
