- The investment in the new energy facility is EUR 150 million.
- The project is in partnership with a Chinese company.
- A 3 MW solar plant is operational, with another 3 MW expected by June.
- Nova Alumina aims for a total solar capacity of 20 MW.
Project Overview
Nova Alumina plans to build a waste-to-energy facility in Zvornik, Bosnia and Herzegovina, transitioning from coal to municipal waste as a fuel source. This move aims to reduce the environmental impact and ensure long-term production stability. The company is also investing in solar energy, with a 3 MW plant already operational and another 3 MW expected by June, targeting a total solar capacity of 20 MW.
Investment and Partnerships
The project involves a EUR 150 million investment and collaboration with a Chinese company that previously built the Stanari coal-fired power plant. The design phase is nearly complete, and project documentation is being prepared. A team from Nova Alumina visited a similar facility in China, confirming emissions below EU limits, prompting further project development.
Environmental Impact
The waste-to-energy facility will reduce landfill needs by repurposing municipal waste as an energy resource. The technology will meet EU environmental standards, with emissions data publicly accessible. This initiative could lower or eliminate the need for CO2 certificates, offering both environmental and economic benefits.
Community and Regulatory Support
Nova Alumina seeks support from the Government of the Republic of Srpska, local citizens, and municipal waste utilities. The company is ready to establish agreements with waste management firms across the Republic of Srpska and Bosnia and Herzegovina to ensure the project's success.
