Renewables

Cantonal government moves on EUR 61.3 million wind farm project

Photo: vladausk.ba

Published

January 9, 2019

Comments

comments icon

0

Share

Published:

January 9, 2019

Comments:

comments icon

0

Share

The government of the Una-Sana Canton has authorized Prime Minister Mustafa Ružnić to sign an agreement with Croatia’s Ivicom Consulting, part of Austria’s Ivicom Holding, concerning a project to build a wind farm in the Bihać area.

The wind farm is to be built under an investment of around BAM 120 million (some EUR 61.3 million), said Ružnić, adding that he is pleased the government has launched activities to enable the project’s realization.

According to a press release from the cantonal government – one of 10 in the entity of the Federation of Bosnia and Herzegovina (FBiH) – the agreement is to regulate the parties’ relations concerning a change to the draft contract on the award of a concession to use construction land to build and operate wind turbines, each with a capacity of up to 5 MW, at the Teočak locality.

The agreement is designed to protect the canton legally and financially should courts in Bosnia and Herzegovina (BiH) annul the concession, according to the press release.

The initial steps concerning the concession were taken back in 2016, according to earlier reports.

Other projects in the region

Ivicom Holding has a number of wind and other energy projects in the region.

In 2018, it signed a memorandum of understanding (MoU) with Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) concerning the implementation of a project to build the Gvozd wind farm with a planned capacity of 50 MW, under an investment estimated at around EUR 70 million.

Ivicom was also involved in Montenegro’s Krnovo wind farm project. The 72 MW Krnovo wind farm, built by France’s Akuo Energy and Ivicom, started operating in November 2017. The United Arab Emirates’ (UAE) renewable energy company Masdar has since signed an agreement with Akuo to buy a 49% stake in Krnovo Green Energy, which operates the onshore wind farm.

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

bih stolac solar park tibra pacific aiko china hodovo

64 MW Stolac Solarni Park PV plant in BiH begins power generation

16 June 2025 - "We are proud to announce the successful grid connection of the Stolac Solarni Park photovoltaic plant in BiH," China’s AIKO said

World’s largest sand battery commissioned in Finland

World’s largest sand battery commissioned in Finland

16 June 2025 - A sand battery is a high-temperature thermal energy storage system, first developed by the start-up Polar Night Energy.

montenegro epcg net conference budva milutin djukanovic

Đukanović: EPCG is implementing three key strategic policies

16 June 2025 - At the opening of the EPCG NET conference in Budva, Miliutin Đukanović announced the start of trial operations at the Gvozd wind farm

Global Wind Day 2025 wind energy opens new job

Global Wind Day 2025: Wind energy creates new jobs

13 June 2025 - Global Wind Day is celebrated every 15 June to raise awareness of the importance of wind as a renewable energy source.