Renewables

BayWa r.e. sells Croatian wind farm Orjak to Kelag

BayWa sells Croatian wind farm Orjak to Kelag

Orjak wind farm (photo: BayWa r.e.)

Published

December 15, 2020

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Published:

December 15, 2020

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Austria’s energy company Kelag is the new owner of the 10.25 MW Orjak wind farm in Croatia.

BayWa r.e. has announced the sale of its Croatian wind farm Orjak to Kelag, one of Austria’s leading energy services providers.

Orjak wind farm was BayWa r.e.’s first project in Croatia and Southeast Europe. The company is currently developing several projects in the region.

The Southeast Europe is a key future market for the BayWa r.e. with huge potential in its renewable energy sector

The plant developed by BayWa r.e.’s subsidiary ECOwind is located in the municipality of Omiš, about 25 km southeast of Split. It consists of five 2.05 MW turbines with a hub height of 80 m.

Orjak wind farm started production in December 2018 and receives a feed-in tariff. It produces over 25,000 MWh per year which is enough to supply approximately 7,000 households in Croatia.

Croatia is now promoting a premium feed-in tariff to incentivize growth of renewable power capacity to 1.9 GW by 2030

According to Lorenzo Palombi, Director of Wind Projects EMEA at BayWa r.e., the Southeast Europe is a key future market for the company with huge potential in its renewable energy sector.

“From our Zagreb office we are already driving new wind and solar projects in the region,” he said.

Croatia is opening new opportunities for the renewable energy market, BayWa r.e. said in a press release.

After feed-in tariffs stimulated a total increase in renewable energy assets of over 1 GW by 2019, Croatia is now promoting a premium feed-in tariff to incentivize growth of renewable power capacity to 1.9 GW by 2030.

Bernd Neuner, Managing Director of KI-Kelag International GmbH, said the excellent conditions and the wind power plant’s long-term contracts would help the company make a lasting contribution to the energy transition in Croatia and Europe, while at the same time providing customers with pure green energy.

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