Acquisition of a biomass boiler and 4 casing dryers
Boyauderie Drimano is a Moroccan company located in Fes, specialized in the production of casings intended for export. Currently, the company relies on a diesel boiler that has been in service for over two decades. The diesel boiler consumes a considerable amount of diesel fuel, approximately 120,000 liters per year.
To address concerns related to greenhouse gas emissions and reduce dependence on fossil fuels, Boyauderie Drimano has decided to replace the old diesel boiler with a biomass boiler using olive pomace as a source of renewable energy. The olive pomace will be supplied by SIOF, an olive-producing company. As part of this investment project, the company has also invested in acquiring four dryers for the processing of casings.
This investment, supported by the Green Economy Financing Facility II program, presents a series of advantages for the company. Firstly, it significantly reduces its dependence on fossil fuels, thereby mitigating the risks associated with oil price volatility and promoting a transition towards more sustainable energy sources.
This investment benefited from technical assistance and financing under the GEFF II facility. It helped reduce diesel consumption by 120,000 liters per year, resulting in a decrease of 333 tons of CO2 equivalent emissions annually, playing a crucial role in combating climate change and preserving the environment. Additionally, the use of olive pomace as a renewable energy source significantly contributes to reducing greenhouse gas emissions.
Green Economy Financing Facility (GEFF) in Morocco is a green economy financing program, implemented by the European Bank for Reconstruction and Development (EBRD), will provide financing to Moroccan private enterprises through local financial institution partners. Supported by the European Union (EU), the Green Climate Fund (GCF). It will enable local companies to invest in green technologies, reduce their costs through climate adaptation measures, energy efficiency and renewable energy technologies.