Renewables

Construction of Vranduk hydropower plant officially begins

Photo: https://creativecommons.org/licenses/by-nc/2.0/legalcode

Published

September 9, 2016

Comments

0

Share

Published:

September 9, 2016

Comments:

0

Share

A ceremony to mark the start of the construction of a green energy project worth EUR 57.4 million was held yesterday on the territory of the city of Zenica in central Bosnia and Herzegovina. Works on the system which will have a capacity of 19.6 MW were launched in late July.

Vranduk HPP, located next to a medieval castle, will be a run-of-river diversion facility with a number of units functioning as a whole. Annual production should reach 96 GWh. EPBiH signed an agreement with Strabag from Austria and Croatian-based Končar – KET in January for project design, manufacturing, supply and installation of equipment, construction works, testing and commissioning of the renewable power facility.

The government-controlled utility is the investor with BAM 22 million (EUR 11.24 million) of own funds, while the remainder of the overall EUR 63 million project is financed by the European Bank for Reconstruction and Development and the European Investment Bank. The first filling of the reservoir should occur in May of 2019. Preparation activities were initiated in February and the project is planned to be completed by November 11, 2019.

Related Articles

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

two-wind-farms-axpo-romania

Switzerland’s Axpo to build two wind farms in Romania

30 June 2022 - The construction of the two wind farms, with a combined capacity of 250 MW, is expected to begin at the end of 2023

renewables

Greece passes renewables law targeting 15 GW in new capacity by 2030

30 June 2022 - Greece adopted a new law on renewables licensing, which includes various measures related to the energy crisis