Chinese energy company Sunpower Group said on Friday that its unit Shandong Yangguang Engineering Design Institute will design a biomass-fired power plant in Bulgaria, starting in August.
The design of the plant envisages the use of waste from pulp production as the main fuel for production of steam for a new pulp production line, the company said in a statement.
This is the group’s 55th project overseas. It will be executed through the Chinese government’s Belt and Road Initiative.
The objective of the One belt, one road, also known as the Belt and Road Initiative (BRI) is to build trade routes between China and the countries in Central Asia, Europe and Indo-Pacific countries.
Established in 1988, Yangguang Institute provides design, consultancy and technology services for the thermal power, architecture, municipal engineering and other industries.
Founded in 1997, Sunpower Group is an environmental protection solutions company, focused in energy saving and clean power technologies, with a strong focus on expanding into anti-pollution investment projects.
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