Renewables

EPBiH to fund Vlašić wind farm by loans from EIB, KfW

vlasic epbih loan eib kfw

Photo: Pixabay

Published

October 12, 2020

Comments

0

Share

Published:

October 12, 2020

Comments:

0

Share

State owned power utility Elektroprivreda Bosne i Hercegovine (EPBIH) will secure EUR 72 million for the Vlašić wind farm through loans from the European Investment Bank and the KfW bank.

In February, EPBiH was granted a concession for Vlašić, obtaining the right to build, equip, use, and maintain the 48 MW wind power plant.

The government of the Federation of Bosnia and Herzegovina has backed the initiative to acquire funds for the investment in renewable energy, the government said on its website.

The Vlašić wind farm will comprise up to 18 turbines, with a maximum combined capacity of 50 MW, and annual output at 115 GW over 25 years.

There are several wind power projects for the plateau of Vlašić and Galica.

The Vlašić wind farm is part of the EPBiH’s investment strategy, which involves developing solar power plants with a total installed capacity of 200 MW by 2025, CEO Admir Andelija said.

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

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW

croatia-grid-connection-fee-res-croatia-ivo-milatic

Croatia’s long-awaited grid connection fee may unlock EUR 1 billion in renewables investment

13 June 2024 - By 2030, Ivo Milatić expects renewable sources will account for 8 GW of Croatia’s 10.5 GW electricity production capacity

Milos Mladenovic, SEEPEX

D&G ideas as a response to the challenges of the energy transition or how we came to love Baudrillard

13 June 2024 - We discussed the European electricity market post-energy crisis, delving into its causes, as well as future trends in the energy market and global economy development, with SEEPEX director, Miloš Mladenović