Clean energy production from landfill gas power plant, in Kayseri
TurSEFF loan is helping clean energy production from a 3.12 MW Landfill gas power plant (LFG) in 2020. Within the scope of this investment, R Enerji operates the plant in province of Kayseri and have an agreement with Kayseri Metropolitan Municipality for municipal solid waste (MSW).
R Enerji was established in 2019 in Kayseri and serves in the renewable energy industry. The company focuses on waste segregation and energy production from landfill gas in Kayseri.
TurSEFF consultant advised company about the innovative ways of reducing its energy costs. Also, since the project is in cooperation with the municipality, procurement process was evaluated by TurSEFF consultant.
Company financed the investment by TurSEFF loan blended with technical assistance. During the project implementation TurSEFF consultant performed the project analysis, assessed the potential of energy savings, financial-technical parameters, and risks of the investment.
The company used € 1,426,117 TurSEFF loan from a partner financial institution. As a result of the investment, the LFG will provide 21,060 MWh energy saving. Also, thanks to the investment, 292,000 tonnes MSW is reduced annually. This green energy investment will contribute mitigation of climate change’s negative impacts.
The plant helps reduction of the CO2 emissions up to 237,343 tonnes per year.
The Türkiye Sustainable Energy Financing Facility (TurSEFF) was developed by the European Bank for Reconstruction and Development (EBRD) to provide financing for Resource Efficiency and Sustainable Energy investments. European Union (EU) and Republic of Türkiye Ministry of Treasury and Finance are supporting TurSEFF by providing finance to Technical Assistance.