The two plants will have a total installed capacity of 3 megawatts (MW) and be able to generate around 23.6 gigawatt-hours (GWh) of green energy annually.
Modus Energy, the renewable energy arm of Modus Group, already has an installed biogas generation capacity of 5 MW in Belarus. The financing marks the second loan from the EBRD, which previously provided 15 mдn US dollars to the company.
Modus Group Chairman Liudas Liutkevicius sees the group sees a huge potential in Belarus' renewable energy sector. The new power plants will be built near livestock complexes.
Modus Energy has implemented 11 biogas projects in Lithuania with a total capacity of 10 MW.
