Renewables

Nevesinje moves closer to 52 MW Grebak, 49.5 MW Trusina wind farm projects

Photo: Pixabay

Published

July 24, 2018

Comments

0

Share

Published:

July 24, 2018

Comments:

0

Share

The municipality of Nevesinje is closer to the realization of two wind farm projects – Trusina and Grebak – according to announcements on the municipality’s website.

Zlatko Mandžuka, top man of Nevesinje-registered energy firm Eol Prvi, said that he expects the construction permit to be issued and a wind turbine purchase agreement signed with Denmark’s Vestas in the coming days for the Trusina wind farm.

The Trusina wind farm should launch production in late 2019, according to Mandžuka.

According to the municipality’s announcement, the Trusina wind farm, a project worth BAM 140 million (EUR 71.5 million), is designed to have 15 turbines, an installed capacity of 49.5 MW, and an annual output of around 160 GWh of electricity.

The UK-based Kermas Limited, owned by Croatian businessman Danko Končar, has an 87% stake in the project, with Eol Prvi holding 10% and the municipality of Nevesinje 3%. Russia’s Sberbank in Banja Luka heads a banking consortium to finance more than two-thirds of the project.

The Republika Srpska government issued a 30-year concession for the project back in 2012, according to the municipality’s announcement.

Regulatory steps expected for 52 MW Grebak wind farm

Meanwhile, Miralem Čampara, executive director of the Grebak wind farm project, said that he expects a concession for the project to be awarded by September.

The Grebak wind farm, a project worth EUR 65 million, is projected to have 14 turbines and an installed capacity of 52 MW, according to the municipality’s announcement, issued following a meeting with representatives of VE Grebak, the project investor.

Nevesinje’s municipal assembly will discuss the adoption of a regulation plan for the wind farm at its next session, after which the government of the Serb entity of Bosnia and Herzegovina should issue a concession, according to Slobodan Šiljegović, head of the municipal department of spatial planning and housing and utility affairs.

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

Share-coal-power-Greece-tumbles-to-zero

Share of coal power in Greece tumbles to zero

20 May 2024 - Greece went seven days without coal power in the system as natural gas plants and renewables were far more competitive

france auction floating wind

France awards world’s first commercial-scale feed-in tariffs for floating wind

20 May 2024 - France selected the winners of its 250 MW South Brittany floating offshore wind auction, the world’s first conducted at a commercial scale

woodburn magna PPA croatia

Woodburn Capital Partners inks PPA with automotive company Magna

20 May 2024 - Automotive company Magna has signed its first ever power purchase agreement (PPA), with Woodburn Capital Partners

GGF Kostadinov Green investment inflection point many countries

GGF’s Kostadinov: Green investment is nearing inflection point in many countries

20 May 2024 - The Balkans require a critical mass of renewables development to unleash green investment, Borislav Kostadinov from GGF said at Belgrade Energy Forum