Renewables

Investment in solar to facilitate decarbonization of Mostar-based Aluminij

Investment in solar to facilitate decarbonization of Mostar-based Aluminij

Photo: MT https://creativecommons.org/licenses/by-sa/3.0/

Published

March 23, 2022

Comments

0

Share

Published:

March 23, 2022

Comments:

0

Share

The M. T. Abraham Group said it would build a solar power plant to ensure a stable and affordable electricity supply of Aluminij Industries in Mostar. One of the largest electricity consumers in Bosnia and Herzegovina is entering the process of decarbonization and transition to renewable energy sources.

Activities for obtaining the necessary permits and defining the financial model for the construction of a solar photovoltaic power plant have already started. Israeli M. T. Abraham Group, within which the Mostar-based Aluminij operates, has provided funds for operating costs of EUR 32.3 million for the project, the news outlet reported.

Activities for obtaining the necessary permits for the construction of a solar power plant have already started

M. T. Abraham Group is working on upgrading the foundry, restarting the anode factory and the electrolysis plant, as well as the construction and commissioning of new plants in Aluminij in Mostar, in line with its strategic development plan.

Aluminij is one of the largest consumers of electricity in BiH

Aluminij Industries is one of the largest consumers of electricity in BiH. The plant needs a safe and stable electricity supply of 8,760 hours annually. The solar photovoltaic power plant is planned to produce over 68 GWh per year.

M. T. Abraham Group said it would expand the scope of the project and cooperation. Aluminij Industries, its subsidiary, will be able to meet the electricity needs of the foundry, anode factory, and administration building with the photovoltaic plant.

Solar opportunities in Herzegovina

The average number of sunny days in Mostar is over 280 per year, and with the availability of large open areas, there is great potential for solar power plant projects.

The entire territory of Herzegovina is ideal for efficient and long-term use of solar potential, with significant sources of solar energy and an extremely favorable seasonal schedule of sunny days.

Aluminij Industries is certified according to the ISO 9001:2015 and ISO 14001:2015 standards and it has become part of the Aluminium Stewardship Initiative and European Aluminium. The company from Mostar said it is both the largest importer and exporter in Bosnia and Herzegovina, with an annual production capacity of over 350,000 metric tons.

The company from Mostar is both the largest importer and exporter in Bosnia and Herzegovina

With the solar power project, Aluminij Industries is aligning its operations with the objectives of the Paris Agreement. The company guarantees the origin of every megawatt-hour of electricity coming from renewable sources with certificates.

Večernji list reports that M. T. Abraham Group contributes to the accelerated green and digital transformation of Europe through the use of recycled aluminium and exclusive reliance on renewable energy sources in its business.

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

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

two-wind-farms-axpo-romania

Switzerland’s Axpo to build two wind farms in Romania

30 June 2022 - The construction of the two wind farms, with a combined capacity of 250 MW, is expected to begin at the end of 2023

renewables

Greece passes renewables law targeting 15 GW in new capacity by 2030

30 June 2022 - Greece adopted a new law on renewables licensing, which includes various measures related to the energy crisis