Renewables

Elektroprivreda Republike Srpske receives concession for Trebinje 2 solar power plant

trebinje 2 solar power plant ers contract djokic petrovic

Published

November 16, 2022

Comments

comments icon

0

Share

Published:

November 16, 2022

Comments:

comments icon

0

Share

State-owned energy company Elektroprivreda Republike Srpske has been granted a concession for the construction of the Trebinje 2 photovoltaic facility with an installed capacity of 53 MW.

Elektroprivreda Republike Srpske (ERS) has already received a concession for the installation of the Trebinje 1 solar power plant two years ago, so this is its second project for the use of solar energy.

The concession contract for the construction and operation of the Trebinje 2 solar power plant was signed by Petar Đokić, Minister of Energy and Mining of the Republic of Srpska, Luka Petrović, General Manager of ERS, and Jovica Vlatković, Executive Director for Investments and Development in ERS, said the ministry.

The concession was granted for a period of 50 years

The total value of the investment is estimated at BAM 84.2 million (about EUR 41 million).

Minister Đokić stated that the plan is to install a solar power plant with a capacity of 53.63 MW, while the expected annual production is 85.5 GWh. The concession was granted for a period of 50 years.

ERS paid a one-time fee to the budget of the Republic of Srpska, and after the installation of the PV plant, ERS will pay a concession fee in the amount of EUR 0.0028 per kilowatt-hour of electricity produced. About 95% of the fee will be directed to the budget of the Municipality of Trebinje.

Of note, ERS hasn’t started the construction of the Trebinje 1 project yet. In the meantime, ERS announced that Hungarian energy company Lugos Renewables would become the owner of 70% of the project, while the remainder will be controlled by ERS.

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

Romania risks power outages as import capacity is nearing its limits

Romania risks power outages as import capacity is nearing its limits

09 December 2024 - Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic

montenegro tpp pljevlja sasa mujovic necp

Montenegro drafts NECP: TPP Pljevlja to be shut down by 2041

09 December 2024 - The Ministry of Energy of Montenegro submitted the draft NECP to the Energy Community Secretariat for a review

Bulgaria call standalone energy storage 4 3 times oversubscribed

Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed

09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.

Bulgarian citizens demand referendum on wind farm construction on agricultural land

Bulgarian citizens demand referendum on wind farms on agricultural land

09 December 2024 - Citizens from four Bulgarian districts protested in Varna, calling for a referendum on constructing solar and wind farms on agricultural land