Sector: Energy
Location: Craiova, Romania, Romania
Request: Financing
Deal Size: US$15,000,000

This biomass is not only used by farmers but it also stalls them in preparing the field for next season,having to make extra expenses to clear the field.

Using this biomass to obtain:
-electrical energy
-energy pellets
-fodder pellets
-greenhouse vegetables

Is an econimic advantage which can be obtained thrue ecological means. To benefit from this advantage we wish to create a"AGROENERGETIC COMPLEX",the details of wich are showned below:

The location is in the area of Stoenesti 15 km from Caracal , 150 km west from Bucharest and 50 km north from Corabia,which has a Danube harbor that facilitates shipping to Western Europe.

STOENESTI

As a geographic position it stands in Olt's meadow,the center of the Romanian Plain, in a strong agriculture area (on an area of 50 km lay aproximately 650.000 ha of agriculture) and at 1.5 km west of the river Olt.

The 80.000sqm field is owned by Stoenesti City Hall and it is granted by our company for 49 years. Railroad access is at 2.5 km and access at the european road E70 is made thru a gravel road of about 1 km.

Products will be obtained:
-electric energy – 8.600 MWh/year
-energy pellets – 37.000 tons/year
-fodder pellets – 15.000 tons/year
-greenhouse vegetables (tomatoes) – 2.250 tons/year

The production process will be:

-12.000 tons of straw will fuel CHP which will produce 1,2 MWh electrical energy and about 5 MWh termical energy.Electrical energy will be delivered to the national system as green energy and the termic energy will be uesd in december to april to heat the 5 ha greenhouse vegetables and in the time between julie and september to dry out the alfalfa plants from which food pellets will be made.

-44.000 tons of strow will be used on the pelletizing line which will produce aproximatly 37.000 tons of energy pellets.