Renewables

Concession agreement for 54.6 MW wind farm in Kupres in BiH gets green light

wind-farm-concession-agreement

Photo: Pexels

Published

August 3, 2023

Comments

comments icon

0

Share

Published:

August 3, 2023

Comments:

comments icon

0

Share

The government of Canton 10 in the Federation of Bosnia and Herzegovina has approved the text of a concession agreement for the construction of a 54.6 MW wind farm in the municipality of Kupres.

The 30-year concession agreement was concluded with a Posušje-based firm called Koncig, and the locations of the wind farm are Debelo brdo and Turska mala.

The concession period is 30 years, with an annual fee at 1.5% of the revenue

The initial concession fee is EUR 12,300 and the annual fee will be equal to 1.5% of the total gross income from electricity production, according to a press release from the cantonal government.

The investment is estimated at about EUR 77 million

According to earlier reports, it would be one of the largest wind farms in Bosnia and Herzegovina, and it is expected to cost some EUR 77 million.

The wind farm should generate 150 GWh a year

The planned annual electricity output at the Kupres wind farm is 150 GWh.

The construction of the facility was initially planned to begin in 2016, and it was targeted for completion by 2017, but the project was delayed due to administrative procedures, according to earlier reports.

The area around Kupres, Livno, and Tomislavgrad in Canton 10 is suitable for the construction of wind power plants due to its significant wind energy potential.

The Federation of BiH or FBiH is one of the two entities making up Bosnia and Herzegovina and it consists of ten cantons. The other part is called the Republic of Srpska.

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

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej

Electricity sector officials visit Albania trailblazing photovoltaic plants GIZ regional decarbonization project

Electricity sector officials visit Albania’s trailblazing photovoltaic plants as part of GIZ regional decarbonization project

20 December 2024 - GIZ organized a field trip and presentations in Albania for energy ministries, electricity DSOs and regulators in the Western Balkans