Xergi gains another order for biogas plant for German market  

2006.02.14
A new subsidy policy for biogas plants in Germany is benefiting Xergi, a Danish provider of turnkey energy and environmental plants, which has just entered a contract to supply a biogas plant to Kiel

A new subsidy policy for biogas plants in Germany is benefiting Xergi, a Danish provider of turnkey energy and environmental plants headquartered in Aalborg, northern Jutland. Xergi sold its first biogas plant to Germany last year, and has just entered a contract to supply a turnkey biogas plant to Kiel, Germany. The 500 kWe plant will process up to 12,000 tons of biomass annually. 85% of the gas production will come from energy crops and 15% from cattle and chicken manure.

Frank Rosager, director of Xergi comments: "The German market is going exponential. We expect more than 1,000 biogas plants will be built in Germany in 2006 alone." By the end of 2005, Germany had a total of 2,500 plants. "We estimate our revenues will be around DKK 200 m (USD 32 m) this year," Frank Rosager says. The annual accounts for 2005 have not yet been published, but revenues are forecast to be around DKK 80 m (USD 12.8 m).

Xergi has established a German subsidiary and is currently employing staff. In addition, the company expects to increase the number of staff at its headquarters in Aalborg by 50% by the end of this year. The news was reported by national daily newspaper Jyllands-Posten.

Link > Xergi 

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