Renewables

Eol prvi seeks extension for Trusina wind project deadline

Photo: Pixabay

Published

October 5, 2015

Comments

comments icon

0

Share

Published:

October 5, 2015

Comments:

comments icon

0

Share

The holder of a 30-year concession for the construction of Trusina, a 51 MW wind park in the Republic of Srpska, worth BAM 150 million (EUR 76.6 million), has asked for an extension of the deadline for the project’s completion, according to news daily Nezavisne novine.

Concession holder Eol prvi doo from Nevesinje is late in performing the construction works for a wind park at Trusina mountain near the town in Bosnia and Herzegovina’s southeast. The project is funded by Kermas Ltd., headed by Darko Končar and based in Britain, according to the schedule set out in the agreement with the government.

Local media earlier reported that the construction of the Trusina wind park should have been completed last year. However, 2018 is now considered as the most probable completion date for the technical works, the entity’s energy authorities say. The other autonomous part of BiH is called the Federation of Bosnia and Herzegovina.

According to Zlatko Mandžuka, who heads Eol prvi, the company is late in signing a grid connection contract with Transco (Elektroprenos-Elektroprijenos BiH ad Banja Luka), the national transmission utility. He blamed the delay on the damage from the past war and the disagreements between that company and Elektroprivreda RS, Srpska’s power utility, on how to add the power plant. The director noted the entity’s government gave the goahead for Kermas to become the owner of 87% of the concession and finance the project with the help of a bank.

Once completed, the wind farm is expected to produce 160 GWh per year, enough to power 40,000 households.

Related Articles

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency

green steel electric vehicles study transport environment

Switching to green steel would add just EUR 8 per electric vehicle by 2040

11 July 2024 - Switching to 40% green steel would add just EUR 57 to the sticker price of an electric vehicle in 2030, according to an analysis by T&E

Albania declares eight winners at 300 MW solar power auction

Albania declares eight winners at 300 MW solar power auction

10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh