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Bucharest
December 4, 2020
BUSINESS

First station of renewable energy in cogeneration inaugurated

Genesis Biopartner, a Romanian holding formed of Baupartner Romania partnership and Vireo Energy Sweden, opened recently the first Romanian station of renewable energy in cogeneration, based on biogas, Agerpres informs. The biogas station built at Filipestii de Padure, Prahova County (south) is processing daily 49 tons of organic material and is EUR 5 M investment, financed from its own funds. Genesis Biopartner has planned to have in operation, over the next 3-4 years, at least 10 biogas stations for cogeneration, said Michael Dietrich, investor and founder of the company in a press conference. According to him, the electricity is injected into the national grid. ‘Heat is converted into steam and goes to the sausage factory CrisTim. It is the first station both for us and for Romania. (…) We get 3 green certificates per MW/h in the grid. In the worst case we hope to recover the investment in 8-10 years’, Genesis Biopartner official explained.

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