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HomeFinanceSlovakia announces 26 mln euros call to modernise biogas power plants

Slovakia announces 26 mln euros call to modernise biogas power plants

Slovakia’s Ministry of Economy has announced another call using the funds of the Recovery and Resilience Plan for the modernisation of existing biogas plants to produce electricity from biogas or their transformation into biomethane plants. Overall, more than 26.3 million euros have been allocated.

The aim is to ensure the production of electricity from renewable sources. At the same time, increasing the use of biomethane will ensure the country’s energy security, by using domestic sources as a substitute for natural gas.

Those interested in this type of support can receive a non-refundable subsidy in the amount of 45 per cent of the total eligible expenses. Applications can be submitted until 31 October 2023.

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