The European Investment Bank (EIB) has approved a programme for high-efficiency cogeneration from biomass-to-biogas projects in Poland.
The initiative will have a budget of €238 million from the EU Modernisation Fund, Polish National Fund for Environmental Protection and Water Management.
With a particular focus on waste biomass, the funding is designed to accelerate the production of electricity and heat in high efficiency cogeneration
Due to run until 2030, it is expected to result in the production of at least 40 million cubic metres from all supported inveestments.
Incentivising entrepeneurs is key to the funding, which will be disbursed via a grant of up to 40% of eligible costs, and a loan of up to 100% of eligible costs.
A call for applications is planned to be announced at the turn of 2025/2026.
"This is in addition to the support currently offered by NFOSiGW for municipal biogas plants and agricultural biogas plants," the Fund stated.
European Investment Bank approves Poland’s €238m biomass programme
