(CercleFinance.com) – Enertime announces the signing by its subsidiary Energie Fouquières of a financing agreement with ADEME, for the 1.5 million euro grant awarded to the 1.4 MW ORC project in Fouquières-lès -Lens as part of a March 2021 call for projects.
An advance of 20% of the amount of the subsidy is paid on signature and the balance on progress of the project, which must still be subject to regulatory authorization and technical and contractual validation between Energie Circulaire and Recytech.
The project, the total amount of which is six million euros, concerns the installation of an ORC of 1.4 MW net intended to recover electricity from the energy recovered from a catalytic oxidation unit at the output of a Zinc recycling furnace from Recytech.
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