Renewables

Gabela photovoltaic power station opened in BiH

Photo: Pixabay

Published

October 7, 2016

Comments

comments icon

0

Share

Published:

October 7, 2016

Comments:

comments icon

0

Share

Solar energy d.o.o opened a photovoltaic (PV) power plant in Gabela near Čapljina. The plant has 6,500 sq.m. of PV panels, with a capacity of 1 MW and 1,5 GWh of estimated electricity production per year, portal Vijesti reported.

Project`s total area of 16,800 sq.m. was constructed in three months, with 3,800 PV panels installed. Solar panels were imported from Germany.

Owners, Andrija Obad, Gordan Bakalar and Davor Jović, invested BAM 2,8 million (EUR 1,4 million). Operational period is 35 years, and investment should be paid-off in 8 or 9 years.

“Solar energy company was founded in 2010 with a mission of producing energy from renewable sources. We have started the project after the initial reviewing law and policy options. However, because of extremely complicated policies and bureaucracy, it took us six years to get all necessary permissions and to finish it,” sais Andrija Obad, one of the investors.

It is estimated that the plant will reduce municipality`s CO2 emissions by 1,3 tons every year.

Related Articles

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

croatia subsidies bih municipalities climate change

Croatia to grant EUR 5 million for climate action projects in BiH

20 December 2024 - The Ministry of Environmental Protection and Green Transition has issued a call for awarding funds for climate action projects

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej