The Vinnytsia poultry farm will receive $30 million for the production of liquefied biomethane

The Vinnytsia poultry farm will receive $30 million for the production of liquefied biomethane
Katerina Belousova

The total cost of the project reaches $52 million

"Vinnytsia Poultry Factory" LLC will receive a $30 million loan for the modernization of the biogas plant in the village of Vasylivka and the production of liquefied biomethane.

The project should demonstrate the viability of the production of liquefied biomethane, reports the public union Global 100% RE Ukraine on Facebook.

It is noted that "Vinnytsia Poultry Farm" (a subsidiary of MHP Agricultural Holding) already operates two biogas plants for processing manure from its farms into green energy. The strategy of decarbonization of the MHP envisages an increase in the production of biomethane in Ukraine. In particular, thanks to the modernization and capacity expansion of its biogas plants in several stages.

The message emphasized that the modernization and expansion of the plant's capacity to produce biomethane from agricultural waste will require $52 million. In addition to the IFC loan, MHP relies on its own funds and $15 million in support from other donors.

Earlier, EcoPolitic wrote, that the Ukrainian biotechnology company "MHP Eco Energy" received the international award "AD&Biogas Industry Award 2022", its biogas complex was recognized as one of the best in the world in the "AD Circular Solution" category.

Previously, EcoPolitic analyzed prospects of biogas in achieving energy independence and improving the environment.

Related
Real action instead of talk: COP31 calls for electrification and unlocking investment
Real action instead of talk: COP31 calls for electrification and unlocking investment

The Paris Agreement goal of limiting global warming to 1.5°C remains a key benchmark for the global community

Billions for "their own": forestry contracts in Polissia go to firms of deputies and former officials
Billions for "their own": forestry contracts in Polissia go to firms of deputies and former officials

Almost 76% of contracts were awarded at tenders without competitors, and some winners had no official employees at all

Floating plant islands that will filter water are being installed on a lake in Vinnytsia
Floating plant islands that will filter water are being installed on a lake in Vinnytsia

In the future, these green platforms may become nesting sites for waterfowl

In the EU, €3.4 billion in ETS revenue will be channelled towards decarbonisation projects
In the EU, €3.4 billion in ETS revenue will be channelled towards decarbonisation projects

According to preliminary estimates, their implementation over the first ten years will reduce emissions by approximately 290 million tonnes