Electrabel builds biomass plant

In Flemalle near Liège, power producer Electrabel converted part of an old coal plant into a 80 MW biomass plant. The plant uses 1200 tonnes of wood chips a day. The plant provides a yearly amount of 400,000 green certificates of each 1 MWh produced for the Belgian market.

To the stock market

Following the example of several renewable energy companies in Germany , also companies in Belgium are now applying for stock market quotations. Next week, Belgian energy and transport company Reibel will sell 133,000 shares. At the present value of about € 4 per share, Reibel will get about half a million from the market.   Its daughter Belpower, sells solar power systems and wind turbines. Reibel expects a boost in the RE market in Belgium because of new tariffs for green certificates as of the 1st of   January.   It claims to have an exclusive contract with Solarpower for the delivery of 2 MW of PV panels per year.