Thenergo to develop new 3MW CHP biogas project in Flanders
Antwerp-based Thenergo, a developer of combined heat-and-power (CHP) clean energy solutions announces [*.doc] it will develop a 3.2 MW CHP biogas facility or 'E-farm' in West Flanders (Belgium). The project will be operational for up to 8,000 hours per year, generating annually 24,000MWh of clean power, enough to supply around-the-clock electricity for up to 6,000 households.
Thenergo E-farms will produce energy from organic waste produced by agricultural businesses, ranging from livestock smallholders to industrial–scale farmers and processors. E-farms are a waste solution – avoiding the need for landfill and incineration – and a source of much needed renewable energy for Europe. E-farms will assure agricultural businesses of reliable and cost-effective on-site energy while also providing surplus renewable energy to the local and national electricity grids.
Construction of the E-farm will begin in October 2007 and is expected to be operational within 15 months. The development and building costs represent an investment of €20 million. Thenergo will hold a 75% stake in this project.
The facility will generate power from animal manure (60,000 tonnes per year) and food processing waste (60,000 tonnes per year). Long term contracts with local suppliers will ensure delivery over the 20 year life of the plant. The facility will generate average annual sales of €6 million.
Since Thenergo’s IPO in June 2007, total installed capacity has risen to 33.4MW up from 25.2MW, while projected capacity has risen to 25.5MW up from 19.7MW:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: waste :: biogas :: combined heat-and-power :: Belgium ::
Thenergo E-farms will produce energy from organic waste produced by agricultural businesses, ranging from livestock smallholders to industrial–scale farmers and processors. E-farms are a waste solution – avoiding the need for landfill and incineration – and a source of much needed renewable energy for Europe. E-farms will assure agricultural businesses of reliable and cost-effective on-site energy while also providing surplus renewable energy to the local and national electricity grids.
Construction of the E-farm will begin in October 2007 and is expected to be operational within 15 months. The development and building costs represent an investment of €20 million. Thenergo will hold a 75% stake in this project.
The facility will generate power from animal manure (60,000 tonnes per year) and food processing waste (60,000 tonnes per year). Long term contracts with local suppliers will ensure delivery over the 20 year life of the plant. The facility will generate average annual sales of €6 million.
Since Thenergo’s IPO in June 2007, total installed capacity has risen to 33.4MW up from 25.2MW, while projected capacity has risen to 25.5MW up from 19.7MW:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: waste :: biogas :: combined heat-and-power :: Belgium ::
E-farms bring into focus all the components of Thenergo’s business model. From procurement, concept engineering and operational management to electricity trading, certificate and by-product sales, Thenergo will draw on its industry knowledge and engineering expertise, enabling it to extract full value from every step of the chain. Together with the Valmass E-farm project, a 1.6MW CHP E-farm also under construction in West Flanders, Thenergo today is becoming an influential player in this fast developing sector. - Kurt Alen, Thenergo CEO.Founded in 2002 and based in Antwerp, Belgium, Thenergo is one of Europe’s leading independent developers and operators of sustainable energy projects using biomass, biogas and natural gas. Thenergo designs, builds, finances, trades energy and operates Combined Heat and Power projects for its own account and on behalf of its clients. To date, Thenergo has a gross installed capacity of 33.4MW for an annual electricity production capacity of 135 GWh. Since 14 June 2007, Thenergo has been listed on Alternext, Paris, where it raised a record €70 million.
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