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

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