Renewables

ELEM plans to build 10 MW solar PV plant

Photo: Pexels

Published

August 31, 2018

Country

Comments

comments icon

0

Share

Published:

August 31, 2018

Country:

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.

Tags: , , ,
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 announces plan for 4.7 GW of commercial battery storage projects

Greece plans 4.7 GW of commercial battery storage projects

14 March 2025 - The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece.

serbia tokenization avr solar park saraorci solar

Serbia’s first-ever tokenization in energy sector: Saraorci solar project yields 6% interest

13 March 2025 - The first tokenization in Serbia's energy sector has been completed, with AVR Solar Park selling tokens worth EUR 600,300

grid expansion eu power prices flexibility

Huge investment in EU grid expansion, flexibility could slash power prices 30% by 2040

13 March 2025 - Due to delays in grid expansion, over 800 GW of wind and solar capacity are still awaiting connection, Allianz Research warns

croatia sweden Koncar substation Vattenfall contract

Croatia’s Končar signs its largest contract for substation construction

12 March 2025 - Croatian engineering firm Končar has signed its largest-ever contract to build a transformer substation, worth EUR 18.4 million