Developer Real Ventures is pushing ahead with plans to build a £130 million (US$207 million) biomass-fuelled CHP plant on the Isle of Wight, off the south coast of England.

The Reality Energy Centre is to be located on an old 8.7-hectare council landfill site in Newport.

Real Ventures says that with an electrical output of 49 MW, the CHP plant would provide the equivalent of 66% of all the island’s electricity if the local council gives its planning application the green light.

The company believes the privately funded CHP plant, which would burn imported wood pellets, could open as early as 2013.

Real Ventures was formed by island residents who came together after opposing plans for the installation of wind turbines.

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