BNDES Approves USD 6.6 Million Loan for Biomethane Expansion in Brazil

Credit: BNDES

The Brazilian Development Bank () has approved a loan of approximately BRL 37.6 million (USD 6.6 million/EUR 6.1 million) to enhance and production at the Tambora facility in Paraná state.

This project, owned by local company Geo Bio Gas & Carbon, aims to increase the facility's production capacity to up to 1,500 normal cubic meters per hour of biomethane and 3,500 normal cubic meters per hour of biogas.

The financing is sourced from BNDES's Climate Fund and its Finem Standard B, which supports the of new imported machinery and equipment in the absence of national alternatives.

Currently, the Tamboara facility generates around 21,000 MWh of annually from its continuous biogas production. Upon completion of the expansion, the majority of the biogas output will be redirected towards biomethane production, according to BNDES.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use

Support Renewable Energy News!

At EnergyMagz, we believe that reliable, up-to-date news on renewable energy is vital for driving the world toward a sustainable future. By contributing, you’re not only supporting quality journalism, but also helping to shape the world’s transition to greener solutions.
DONATE  NOW
Every contribution, no matter the size, makes a difference.
close-link