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French company Suez announced that it has signed an agreement, as a part of a consortium with I-Environment Investments Limited, a subsidiary of Japanese company Itochu, to invest 300 million euros in the construction of waste-to-energy facility in Belgrade.
This project will allow local government to close and remediate the Vinca landfill and produce over 80 MW of heat and electricity, all from a renewable source. The waste-to-energy facility will be built by a joint venture of Suez and Itochu, in which both companies have equal shares, and will have an installed electricity capacity of 25 MW and heat capacity of 56 MW, processing some 340,000 tons of waste annually.
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Tags: Belgrade, electricity, investment, renewable, Serbia, Suez, waste, waste to energy