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

Mitsotakis In face climate devastation new Greece emerging

Mitsotakis: In face of climate devastation, new Greece is emerging

04 December 2023 - Highlighting this year's catastrophic wildfires and floods, PM Kyriakos Mitsotakis said at COP28 that a new Greece is emerging nevertheless

slovenia fee municipalities wind farms

Municipalities in Slovenia to get EUR 200,000 per MW of installed wind farm capacity

01 December 2023 - Incentives are another attempt to speed up wind farm projects in Slovenia, which hosts only three wind turbines

Sustainability risk management key Croatia green transition

HROTE’s Budimir: Sustainability, risk management are key for Croatia’s green transition

01 December 2023 - Ne CEO of Croatia's regulatory body HROTE Darjan Budimir says sustainable business models and quality in risk management are key for a successful green transition

Greece launch first guarantees origin auction early January

Greece to launch first guarantees of origin auction in early January

30 November 2023 - The first guarantees of origin of electricity in Greece are reportedly planned to be auctioned in the first half of January