Electricity

BiH’s Canton 10 grants concessions for two solar power plants of 200 MW

tomislavgrad solar miroslav jaglica insolar Nataniel Holbrohr electron holding

Nataniel Halbrohr and Miroslav Jaglica (photo: Government of Herceg-Bosna County)

Published

April 5, 2024

Comments

0

Share

Published:

April 5, 2024

Comments:

0

Share

Herceg-Bosna County in Bosnia and Herzegovina has signed concession agreements for two solar power plants with a total installed capacity of almost 200 MW.

Herceg-Bosna County, or Canton 10, is home to the first wind farm built in Bosnia and Herzegovina – Mesihovina. Although there are a number of wind farms in the pipeline in the county, solar power plants are taking the lead.

The Government of Canton 10 has launched public calls for granting concessions for the construction of two photovoltaic facilities, and now the contracts have been signed.

Earth Finance was granted a concession to build the SE Orlovac sola power plane with a total installed capacity of 92.5 MW. The facility is planned at the Orlovac location in the Tomislavgrad municipality.

The contract was signed by Minister of Economy of Canton 10 Miroslav Jaglica and Mirko Mednica from the Woodburn Capital Partners Group on behalf of Earth Finance, the government said.

According to the BiH business register, Czech company Woodburn Invest, Dražen Vučemil from Croatia, and Željko Dilber from BiH are the owners of Earth Finance.

tomislavgrad solar earth finance Woodburn miroslav jaglica mirko medenica
Miroslav Jaglica (second from left) and Mirko Medenica (photo: Government of Herceg-Bosna County)

The second concession was awarded to Insolar for the 100 MW SE Seline project at the location of the same name in the municipality of Tomislavgrad. The contract was signed by minister Miroslav Jaglica and Nataniel Halbrohr on behalf of Insolar, the government noted.

The owner of Inosolar is Hungarian company Electron Holding.

The one-time concession fee for Earth Finance is set at BAM 20,176 (EUR 10,347) while the annual concession fee is 1.8% of the total gross income generated by electricity production.

Insolar will pay a one-time fee of BAM 23,273 (EUR 11,935), while the annual fee stands at 2% of the total gross income generated by electricity production.

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

Eurelectric: Greece, Romania and Slovenia called to invest billions for power grids

Europe requires EUR 67 billion per year for power distribution upgrades

23 May 2024 - Strengthening apower distribution grids across Europe between 2025 and 2050 will require EUR 67 billion per year, Eurelectric calculated

EU key energy market reforms coming into force

EU’s key energy market reforms coming into force

22 May 2024 - The EU enacted electricity and gas market reforms and a framework to boost the development of hydrogen and other decarbonized gases

energy-intensive-industries-serbia-CBAM

Serbia’s energy-intensive industries brace for CBAM, seek state support to apply decarbonization solutions

22 May 2024 - Companies in Serbia are not afraid of decarbonization and CBAM, but are worried the state does not recognize what needs to be done to help the affected industries

Serbian industry Messer Tehnogas decarbonization Mirjana Jukic Belgrade Energy Forum

Serbian industry leader Messer Tehnogas preparing decarbonization investments

21 May 2024 - Messer Tehnogas, the main gases producer in Serbia, is looking to cover a large part of its electricity needs with photovoltaics