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Thursday, February 14, 2008
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German group in 50 mln euro French biogas plan

HAMBURG - A German joint venture said on Thursday it plans a series of 20 biogas production plants in France with investment totalling 50 million euros ($73.05 million).

The plants will largely be built for the food processing industry to produce biogas from food waste, said a spokesman for a consortium partner, German biofuels producer BKN Biokraftstoff Nord AG.

"French food processors currently have to pay to remove large amounts of waste materials such as potato peelings, the concept is to turn this waste into biogas and earn profits," he said.

The plants would have a capacity of at least 500 megawatts annually. The first was likely to be completed in one to two years depending on planning approvals being granted by French authorities, he said.

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Source: Reuters


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