The financing agreement, which marks a key step in the development of renewable energy in the country, will help enhance the value of forest or agriculture-based biomass by using them, together with household and similar waste, to produce electricity, biogas and heat.
The agreement also helps in financing biomass-fired schemes across France, including heat-only and combined heat and power cogeneration plants, along with facilities for treating household and similar waste to generate biogas and electricity.
In addition, the latest deal will help support work on renovating and extending urban heating systems, with an aim to improve both energy performance and efficiency.
Two projects in the country have already been identified as eligible for financing under the agreement in 2014 – SMET 71’s sorting, methanisation and composting operation; and SYMEVAD’s materials and energy recovery operation.
