Renewables

ELEM plans to build 10 MW solar PV plant

Photo: Pexels

Published

August 31, 2018

Comments

comments icon

0

Share

Published:

August 31, 2018

Comments:

comments icon

0

Share

Macedonia’s state-owned electricity producer ELEM plans to build a 10 MW solar photovoltaic (PV) plant adjacent to its Oslomej thermal power plant (TPP).

The proposed PV plant project, which has a total estimated cost of EUR 10 million, would be financed by proceeds of a loan from the European Bank for Reconstruction and Development (EBRD) and ELEM’s own sources, according to the general procurement notice available on the Macedonian company’s website.

The solar plant would be built on the exhausted coal mine of TPP Oslomej and the electricity produced would be directly sold in the nearby grid. The project is part of the strategy of ELEM to diversify its production mix away from coal and increase the production share from renewable energy sources, which will provide clean energy in a country and a region with serious capacity shortages and high levels of carbon intensity, the notice reads.

The project will require the procurement of goods, works, and services for the supply and installation of the 10 MW PV plant. Tendering for the contracts is expected to begin on January 1, 2019, according to the notice.

The tendering will be conducted by e-procurement using the EBRD Client E-Procurement Portal (ECEPP). Interested suppliers, contractors, and consultants should register on ECEPP in order to receive notifications via this link.

ELEM already operates a wind farm

Most of ELEM’s capacities consist of coal-fired power plants and hydropower plants, but the company also has a wind farm, the 36.8 MW Bogdanci.

The Bogdanci wind farm launched production in July 2015. A total of EUR 55.5 million was invested in building the 16 turbines, each with an installed capacity of 2.3 MW. German development bank KfW provided EUR 47.9 million for the wind farm, while ELEM contributed EUR 7.6 million from own sources.

The company plans to expand the wind farm in a second phase by adding 6 more turbines with a total capacity of 13.8 MW. ELEM is ready to invest EUR 6 million in this phase, while the remainder of the overall investment worth EUR 24 million should be secured through a loan.

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

eps profit electricity meter

Serbia’s power utility EPS boosts profit to over EUR 360 million in 2025

03 February 2026 - Elektroprivreda Srbije posted a profit of RSD 42.3 billion for 2025, a significant increase from 2024, when net income was RSD 26.1 billion

NGEN Group enters Latvia with EUR 50 million investment

NGEN Group enters Latvia with EUR 50 million investment

03 February 2026 - NGEN Group took over Latvian firm Liepāja ESS to implement a standalone BESS project for 100 MW in operating power and a capacity of 200 MWh

North Macedonia unveils EUR 5 7 billion plan power plants energy storage

North Macedonia unveils EUR 5.7 billion plan for new power plants, energy storage

02 February 2026 - North Macedonia's 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion

serbia croatia solar engage eu project public buildings NALED gorjani kidergarten

Croatia, Serbia jointly install solar power plants at 30 public buildings

02 February 2026 - The investments were implemented through the Energy Efficient Communities - ENGAGE project, according to NALED