Eco2 has planning consent for a €130 million straw-fired biomass project in Osorno in Spain and a 27 month build is expected to start this year.
Eco2 already owns the land that the project will be constructed on. It is a brownfield site consisting of a quarry that was previously owned by the Local Authority.
The straw contracts for the project have been signed and they represent a €6 million investment into the local area for every year of operation.
Eco2 has submitted an application for a similar project in Rioja and a number of other Spanish projects are waiting in the wings.
Eco2 is also keeping a watching brief on additional European markets.
With the 2020 targets, the biomass sector is becoming increasingly important in Europe and it is inevitable that the technology will play a bigger role.
If you would like to find out more about our Spanish projects please email email@example.com