Renewables

Acciona to build two wind farms in Croatia after auction win

Acciona two wind farms Croatia auction win

Photo: Acciona

Published

July 20, 2022

Country

Comments

0

Share

Published:

July 20, 2022

Country:

Comments:

0

Share

Spain-based Acciona is the only company that won premiums for wind power projects at Croatia’s first auction for utility-scale renewable electricity plants. Its two facilities will have a combined capacity of 72 MW.

Acciona Energía announced it would install two wind farms in Croatia. The Opor facility is planned for 27 MW and the capacity of the Boraja 2 unit should reach 45 MW. The Croatian Energy Market Operator (HROTE) picked them last week as the only eligible wind power projects at its first tender for premiums for utility-scale renewable electricity plants.

The two wind farms were assigned 12-year power purchase agreements. Acciona’s subsidiaries will sign so-called contracts for difference (CfDs). The company headquartered in Spain valued the investment in an overall 72 MW at almost EUR 100 million.

Acciona to use Nordex’s 4.5 MW wind turbines

The two wind farms will have a total of 16 Nordex machines, each with a planned capacity of 4.5 MW. Acciona estimated their combined production at 203 GWh, equivalent to the electricity needs of 60,000 Croatian households.

The commissioning is scheduled for 2024. The utility said it would spend a portion of the revenue to support education, wellness and environmental stewardship programs in the communities where it operates.

Its Croatian subsidiary Acciona energija, founded in 2013, is based in Split, the country’s second-largest city. The site for Opor is nearby and Boraja 2’s location is in the neighboring Šibenik-Knin county.

Spain-based company developing largest solar park in Croatia

Acciona already operates a 30 MW wind farm in Croatia. The Jelinak facility, also in the Split-Dalmatia county, was completed almost a decade ago. The firm’s country manager Aljoša Pleić told tportal that the domestic permitting process got somewhat faster but that it is still slower than expected, citing digitalization issues in particular.

Pleić: The permitting process in the country gained in speed but it is still slower than expected

The Spanish company is developing several more renewable energy projects, he added and highlighted the planned solar park in Promina in the Šibenik-Knin county. Pleić earlier said it would have 150 MW in capacity, which would currently make it the largest photovoltaic unit in Croatia, and that the project was worth EUR 99 million.

Of note, just before the auction results were out, Acciona said it secured a EUR 110 million loan from the European Investment Bank for research, development and innovation and that the funds would be used to explore new technologies for clean energy, water treatment and desalination and sustainable construction materials.

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

slovenia fee municipalities wind farms

Municipalities in Slovenia to get EUR 200,000 per MW of installed wind farm capacity

01 December 2023 - Incentives are another attempt to speed up wind farm projects in Slovenia, which hosts only three wind turbines

Sustainability risk management key Croatia green transition

Sustainability, risk management are key for Croatia’s green transition

01 December 2023 - Ne CEO of Croatia's regulatory body HROTE Darjan Budimir says sustainable business models and quality in risk management are key for a successful green transition

France-EDF-sells-Europe-first-green-bonds-nuclear-energy

France’s EDF sells Europe’s first green bonds for nuclear energy

01 December 2023 - French state-owned power utility EDF raised EUR 1 billion for nuclear energy through a green bond issue, the first of its kind in Europe

Greece launch first guarantees origin auction early January

Greece to launch first guarantees of origin auction in early January

30 November 2023 - The first guarantees of origin of electricity in Greece are reportedly planned to be auctioned in the first half of January