BioGas Nord Builds Up Business in Italy

Marcopolo, a refuse gas plant operator, has taken a 10 per cent stake in the newly formed subsidiary, BioGas Nord Italia S.R.L.

The new company, which has its headquarters near Verona, has already landed its first contract to build a biogas plant.

The plant, which is already under construction, will be in the province of Alessandria.

It is planned to start operation later this year.

Marcopolo is also set to commission BioGas Nord to build several biogas plants and will operate them itself once they are completed.

As well as a further three biogas plants for Marcopolo, another two plant projects are planned for other clients for 2009.

The regulatory framework for operating biogas plants in Italy is very favourable and the market is therefore expected to see a corresponding growth.

Electricity generated from biogas in plants with an output of up to one megawatt is supported by the legislature with a subsidy of €0.30 per kilowatt/hour over a period of 15 years.

The focus in Italy is on Nawaro plants, which are fed with maize and can also run on liquid manure and dung from cattle farming.

"Italy will be a key focal market abroad for us," said Matthias Kubat, Financial Director of BioGas Nord.

"Taking into account the favourable regulatory framework, we expect a rapid increase in demand for biogas plants. Together with our local partner, we are very well equipped to participate in the boom expected in Italy."

TheBioenergySite News Desk

Sign up for our
regular news updates

Latest Bioenergy Industry News

•   Egypt Wants Brazilian know-how in Biofuels
•   Biofuel Subsidies in China
•   CME: Crude Oil Prices Impact Livestock Production
•   €50m Set for Wind Farm Investment
•   Planning Notice for Aegir Offshore Wind Farm Submitted
•   Agreement on Viability of Mammoth Ethanol Facility
•   EPA Applauded for Biodiesel Rule in 2009
•   Type of Physic Nut to Undergo R&D
•   Sweet Potatoes Entering Biofuels Arena
•   Investments Funded in Ethanol-making Microbe