Renewables

Concession agreement for 54.6 MW wind farm in Kupres in BiH gets green light

wind-farm-concession-agreement

Photo: Pexels

Published

August 3, 2023

Comments

0

Share

Published:

August 3, 2023

Comments:

0

Share

The government of Canton 10 in the Federation of Bosnia and Herzegovina has approved the text of a concession agreement for the construction of a 54.6 MW wind farm in the municipality of Kupres.

The 30-year concession agreement was concluded with a Posušje-based firm called Koncig, and the locations of the wind farm are Debelo brdo and Turska mala.

The concession period is 30 years, with an annual fee at 1.5% of the revenue

The initial concession fee is EUR 12,300 and the annual fee will be equal to 1.5% of the total gross income from electricity production, according to a press release from the cantonal government.

The investment is estimated at about EUR 77 million

According to earlier reports, it would be one of the largest wind farms in Bosnia and Herzegovina, and it is expected to cost some EUR 77 million.

The wind farm should generate 150 GWh a year

The planned annual electricity output at the Kupres wind farm is 150 GWh.

The construction of the facility was initially planned to begin in 2016, and it was targeted for completion by 2017, but the project was delayed due to administrative procedures, according to earlier reports.

The area around Kupres, Livno, and Tomislavgrad in Canton 10 is suitable for the construction of wind power plants due to its significant wind energy potential.

The Federation of BiH or FBiH is one of the two entities making up Bosnia and Herzegovina and it consists of ten cantons. The other part is called the Republic of Srpska.

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

CBAM ante portas ball in Serbia s court facilitate conditions for companies

CBAM ante portas – the ball is in Serbia’s court to facilitate conditions for its companies

12 May 2024 - Industrial players in Serbia have all the knowhow for minimizing emissions and participating in the country's environmental renewal, according to Lafarge Serbia's CEO Dimitrije Knjeginjić

State owned DEM operate Slovenia fourth wind turbine

State-owned DEM to operate Slovenia’s fourth wind turbine

10 May 2024 - Dravske elektrarne Maribor hired Ljubljana-based Hmezad TMT for the construction of a single-turbine wind power plant in southern Slovenia

eu solar rooftop standard directive epbd

EU Solar Rooftop Standard could initiate installation of 150 GW to 200 GW of rooftop PV

09 May 2024 - The standard is part of the EU Energy Performance of Buildings Directive, which entered into force yesterday

Chinese company Hunan Rich solar panel factory Serbia

Chinese company Hunan Rich to build solar panel factory in Serbia

09 May 2024 - Chinese company Hunan Rich Photovoltaic Science and Technology signed a deal for a solar power panel factory and photovoltaic plant in Serbia