Renewables

Land lease agreement signed for Brajići wind farm

Land lease Brajici wind farm

Photo: Wpd Adria

Published

August 27, 2020

Country

Comments

comments icon

0

Share

Published:

August 27, 2020

Country:

Comments:

comments icon

0

Share

A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million.

The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean electricity a year, enough to cover the needs of more than 50,000 average households, said wpd Adria’s top man, Zoran Obradović, who signed the agreement on behalf of the consortium. The local partner on the project is a firm called Vjetroelektrana Budva.

Wpd is the biggest onshore wind farm developer in Germany. According to the website of its regional subsidiary, wpd Adria, the company has implemented four wind farm projects in Croatia – Trtar Krtolin, Orlice, Katuni, and Ponikve – with a combined installed capacity of nearly 100 MW.

According to an earlier announcement by the Montenegrin Ministry of Economy, the land lease agreement was supposed to be signed in March this year. The negotiations were conducted via video conferencing due to the COVID-19 pandemic.

The wind farm will get no state subsidies or guaranteed prices

Wind farm Brajići will operate in the open market, with no state subsidies or guaranteed prices, according to Obradović, who also said that the wind farm is expected to be put in operation in four years.

Sekulić: clean energy from wind and solar will pave the way for a “Montenegrin green deal”

Economy Minister Dragica Sekulić, who signed the agreement on behalf of the Montenegrin government, said that energy transition in the country has begun, and that the clean energy that will be produced at solar power plant Briska gora and wind farms Gvozd and Brajići would provide a solid foundation for a “Montenegrin green deal.”

Sekulić explained that the deal will be the result of a constructive dialogue on the use of Montenegro’s hydropower, solar, and ecological potentials in a sustainable manner.

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

Solar thermal installations boosted in Greece as a result of the energy crisis

Solar thermal installations surge in Greece as result of energy crisis

03 February 2025 - Greece and Cyprus, traditionally the biggest markets in the solar thermal segment in Europe, advanced to new record levels per capita

Nedea Solar equipment China 26 project costs Romania

Imports from China don’t exceed 26% of PV project costs in Romania

03 February 2025 - Simtel's CEO Iulian Nedea said Chinese solar panels and inverters make up just 26% of total costs of a 1 MW facility and that the rest are EU and Romanian products and services

Solar Startup Award 2025 applications

Applications open for European Solar Startup Award 2025

31 January 2025 - SolarPower Europe has invited companies to apply for the European Solar Startup Award 2025. the deadline to apply will close on February 21

croatia renewables share eu average drazen jaksic eihp

Solar to surpass hydropower in Croatia by 2040

31 January 2025 - The share of renewables in power consumption in Croatia is in the upper part of the EU list, according to Dražen Jakšić, head of EIHP