VITAGRO ENERGY received a soft loan of UAH 16 million from the state for decarbonization

VITAGRO ENERGY received a soft loan of UAH 16 million from the state for decarbonization facebook.com

Illya Fedun

The Decarbonization Fund will help make production more energy independent and efficient

The biomethane plant VITAGRO ENERGY of the VITAGRO group of companies has signed an agreement with the Decarbonization Fund of Ukraine for a preferential loan of UAH 16 million for a period of 5 years to install a cogeneration module (CHP) at the enterprise.

This was reported by the press service of VITAGRO ENERGY on Facebook.

According to company representatives, cogeneration allows simultaneous production of electricity and heat from biogas for the company's own needs. In particular, it increases energy independence and production efficiency.

facebook.com

Photo: facebook.com

Specialists added that in-house generation will reduce both electricity consumption from the grid and the company's expenditures on energy resources. This will make it possible to reduce emissions by about 974 t of CO₂ annually. Plant calculations show that thanks to the cogeneration module, it will be possible to substitute around 2,300 MWh of grid electricity per year.

facebook.com

Photo: facebook.com

VITAGRO noted that the thermal energy from cogeneration will be used to maintain a temperature of 38–42 °C in the fermenters, which is a critical parameter for a stable process and higher biomethane quality for customers in the EU.

facebook.com

Photo: facebook.com 

It is worth reminding that in the first half of 2025, the Joint Stock Company "Decarbonization Fund of Ukraine" issued loans for the implementation of 22 projects totaling UAH 274 million 374 thousand 430.

In the first half of the year, May was the most productive month in terms of the number of projects lent and the amount of funding. 13 projects received a total of almost UAH 160 million. In February and March, the Decarbonization Fund provided 1 concessional loan each, but in May there were none at all.

Related
Over the eight years of its existence, the Energy Efficiency Fund has disbursed 5.2 billion hryvnias in grants
Over the eight years of its existence, the Energy Efficiency Fund has disbursed 5.2 billion hryvnias in grants

The overall environmental impact of the projects implemented is unknown

Parliament is flooding the system with draft laws on NETS: another bill has been tabled
Parliament is flooding the system with draft laws on NETS: another bill has been tabled

In keeping with the new tradition, the draft bill’s details page is blank, so it is not yet possible to view the provisions