(Boursier.com) — Enertime announces the signature by Energie Fouquières, a project company registered in Lille and a 100% subsidiary of ENERGIE CIRCULAIRE, of the financing agreement with ADEME for the €1.5 million grant awarded to the ORC Project of 1.4 MW in Fouquières-lès-Lens as part of the INDUSDECARB Call for Projects of March 2021 from ADEME.
This signature is a new step in the realization of the project which must still be subject to regulatory authorization and technical and contractual validation between Energie Circulaire and Recytech. An advance of 20% of the amount of the grant is paid on signature and the balance on progress of the project.
The project, the total amount of which is 6 ME, relates to the installation of an ORC of 1.4 MW net intended to valorize in electricity the energy recovered on a unit of catalytic oxidation at the exit of a furnace of Zinc recycling from Recytech.
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