Republic of Srpska awards concession for Trebinje 3 solar project

The Ministry of Energy and Mining of the Republic of Srpska, one of the two entities constituting Bosnia and Herzegovina, has awarded a concession to power utility Elektroprivreda Republike Srpske for the proposed Trebinje 3 solar power plant.

The Trebinje 3 photovoltaic plant would have an installed capacity of 53.63 MW and an estimated annual production of 85.5 GWh.

According to the ministry, construction is expected to be completed within the next four years. The concession has been granted for 50 years and the total investment value is BAM 84.2 million (EUR 43.1 million), the ministry said.

Before finalizing the concession contract, the concessionaire, state-owned Elektroprivreda Republike Srpske (ERS), delivered a one-off payment to the budget of the Republic of Srpska of BAM 842,049 (EUR 430,992).

Almost the entire amount of the concession fee will be allocated to the budget of the City of Trebinje

After the facility becomes operational, the concessionaire will be obligated to pay a fee of BAM 0.0055 (EUR 0.0028) per kWh of generated electricity to the budget of the Republic of Srpska. A 95% share is allocated for the budget of the city.

The concession agreement for the construction and operation of the Trebinje 3 solar power plant was signed by the Minister of Energy and Mining of the Republic of Srpska Petar Đokić, who will be among the speakers at Belgrade Energy Forum 2025 (BEF 2025), and ERS CEO Luka Petrović.

ERS already has two concessions for solar power projects

It is the third concession that the company received for solar power plants from the government. The first, for Trebinje 1, with a capacity of 73 MW, was awarded in 2020..It was followed by Trebinje 2, for 53 MW, awarded in 2022. Neither of the two PV plants has been constructed yet.

In March 2022, ERS announced Lugos Renewables was acquiring 70% ownership of the Trebinje 1 project, with ERS retaining control of the remaining 30%.

In February of this year, the Government of the Republic of Srpska approved concessions for two solar power projects. Their total capacity would be 110 MW.