Renewables

EBRD wants to finance 73 MW Trebinje 1 solar power plant project

EBRD--Trebinje-solar-power-plant

Photo: Pixabay/atimedia

Published

June 1, 2021

Comments

comments icon

0

Share

Published:

June 1, 2021

Comments:

comments icon

0

Share

The European Bank for Reconstruction and Development (EBRD) is interested in providing financial support for the construction of solar power plant Trebinje 1, the first photovoltaic facility to be built by the Republic of Srpska’s state power utility Elektroprivreda Republike Srpske (ERS).

The Trebinje 1 solar power plant, with an installed capacity of 73 MW and a projected annual output of 108.7 GWh, is part of ERS’s ten-year plan to develop a total of 1 GW of renewable capacity. Last year ERS was granted a 50-year concession to build and operate Trebinje 1, whose construction is expected to cost about EUR 52 million.

The EBRD would be very happy to provide financial support to this project, said Manuela Naessl, head of the EBRD’s office in Bosnia and Herzegovina (BiH), following talks with ERS General Manager Luka Petrović.

The talks also covered investment in the transmission system

Naessl said that the discussions also covered several renewable projects developed by ERS, with the focus on solar, as well as investment in the transmission system, according to a press release from ERS.

According to her, it is important to enable the grid to offtake electricity produced from renewable sources. The EBRD has provided lending before and will continue to do so, because it is very important to reduce distribution network losses, she said.

The EBRD also wants to back private investors interested in projects in BiH

Naessl noted that it is essential to have a solid regulatory framework in the field of renewable energy, adding that the EBRD also intends to support private investors who are interested in projects in BiH and who need a transparent framework to do business.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Romania completes second round renewable energy auctions third wind quota unallocated

Romania completes second round of renewable energy auctions – third of wind quota unallocated

13 August 2025 - Romania completed its second round of renewable energy auctions. More than one third of the wind power quota wasn't allocated and prices rose.

DRI secures financing for Vacaresti solar park in Romania

13 August 2025 - DRI obtained non-recourse loans of up to EUR 60 million to finance its Vacaresti solar park in Romania

slovenia hess hpp brezice solar power plant febr-d koncar

Slovenia’s HESS inks 9.2 MW deal for two solar power plants near HPP Brežice

13 August 2025 - Hydropower plant operator Hidroelektrarne na Spodnji Savi will install two PV plants near its Brežice hydropower plant

greece helleniq energy romania bulgaria wind solar profit

Bulgaria, Romania offer much higher renewable energy project returns than Greece – HELLENiQ Energy

12 August 2025 - Greece-based HELLENiQ Energy has purchased three projects at a ready-to-build phase in Romania and Bulgaria