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

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece