Connect with us

Featured

Genia Bioenergy to Grow in Biogas with an 8 Million Euro Plant in Llíria

Genia Bioenergy has also recently obtained the Environmental Impact Statement (EIS) from the Ministry for Ecological Transition and Demographic Challenge for the Valle Solar photovoltaic solar plant project, planned on land in the municipalities of Zarra and Jarafuel (Valencia). This plant is promoted and designed by Genia Solar Energy and has the backing of the Italian fund Solar Ventures.

Published

on

Genia Bioenergy, the division specialized in the development of biogas plants of the Genia group, wants to start up a new biomethane facility located in the Valencian municipality of Llíria in which an investment of just over $8.9 million (€8 million) is foreseen. The project aims to convert 192,700 tons per year of organic waste, mainly from the agri-food sector, into biogas.

According to the company’s own sources, the Valencian group already has an agreement with Enagás to distribute this biomethane, which will allow the production of the future plant to be dumped in its transport network. In fact, the gas company has already collaborated with Genia Bionergy in other biogas plants it has recently started up.

If you want to find more details about Genia Bioenergy and its plans to expand in the biogas sector, download for free our companion app. The Born2Invest mobile app brings you the most important business news from around the world so you can stay on top of the market.

Genia Bioenergy has also participated in the start-up of a biogas plant in Valderrobres (Teruel)

The engineering and development firm is currently processing the Community Impact Statement for this facility, which also has the support of the Llíria City Council. The facility, whose production process will also make it possible to generate fertilizers, is expected to be supplied with urban waste as well as waste from the food industry, livestock, and sewage sludge from sewage treatment plants.

The project is to be installed on a surface area of 16,857 square meters and its installation would allow “the correct management and valorization of non-hazardous waste to obtain renewable energy with an approximate reduction of 37,784 tons of CO2 equivalent per year”.

SEE ALSO  From underwear nightmare to promising enterprise

Genia Bioenergy has participated together with Grupo Arcoiris, dedicated to the agro-livestock sector, and the Valencian Selev Biogroup, specialized in the integral management of bio-waste, in the start-up of a biogas plant in Valderrobres (Teruel) and plans another with Selev in Picassent (Valencia) which already has its Environmental Impact Statement and which will process 141,000 tons of organic waste every year to convert them into biomethane and biodiesel.

Solar Macropark in Zarra and Jarafuel

The Valencian engineering and development company has also recently obtained the Environmental Impact Statement (EIS) from the Ministry for Ecological Transition and Demographic Challenge for the Valle Solar photovoltaic solar plant project, planned on land in the municipalities of Zarra and Jarafuel (Valencia). This plant is promoted and designed by Genia Solar Energy and has the backing of the Italian fund Solar Ventures.

According to the developer, this would mean being able to proceed with the administrative authorizations for construction and building permits for the installation of the project, if it were not for the fact that the Special Plan for the Management of Renewable Energy Generation Infrastructures promoted by the towns of Ayora, Jarafuel and Zarra is still pending approval by the Consell.

Valle Solar will involve an investment of $200 million (€180 million) and will generate up to 450 direct jobs during its construction and 6 permanent jobs for its operation, according to the developer.

__

(Featured image by 1815691 via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in elEconomista.es, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us

Daphne Freeman has worked in the crowdfunding and impact investing industry for the past few years, gaining experience in marketing, and connecting businesses and entrepreneurs in need with the right investors. As a seasoned grant writer as well as financial market journalist, she is passionate about making a social impact in the world. A free spirit, Daphne also enjoys writing and exploring topics of interest, currently CBD, health and beauty, and social media influencers.