Italian-based Gruppo AB said on Monday it is working on two biogas plants - one with a capacity of 0.5 megawatt electrical (MWe) and the other with a capacity of 0.888 megawatts (MW) in Bulgaria, and plans to build more by the end of the year.
The company's first 1.0 MW biogas corn silage plant in Bulgaria was built near the town of Balchik, on the Black Sea coast, in 2013, it said in a press release on Monday.
"After this first successful case study in Bulgaria, there will be another two plants [...] which we are working on, but there will be more by the end of 2014," Vladimir Oprescu, regional sales manager AB Energy Romania and Bulgaria, said in the press release.
AB Gruppo sees interesting potential on the Bulgarian biogas market, considering that the installation of 64 MWe from biogas received approval last year, Oprescu added. "I believe that at least 50 MWe/year can be installed on biogas," he added.
Gruppo AB believes that Bulgaria represents one of the main pillars of its business future, the company's founder and president Angelo Baronchelli said in the same press release.
Gruppo AB, founded in Italy in 1981, is present in 13 countries, including Romania, Serbia and Croatia.
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