Renewables

Update: ProCredit Bank Kosovo invites bids for building, operation of 3 MW solar power plant

photovoltaic-solar-power-plant-procredit-bank

Photo: Pixabay/fabersam

Published

August 9, 2021

Country

Comments

comments icon

0

Share

Published:

August 9, 2021

Country:

Comments:

comments icon

0

Share

ProCredit Bank Kosovo has invited bids from interested companies to build and operate a 3 MW grid-connected solar photovoltaic power plant in the municipality of Lipjan. The investment will be implemented through ProEnergy LLC, the bank’s special purpose vehicle for solar energy projects.

The contract will include the supply, procurement, construction, commissioning, and comprehensive operation and maintenance of the solar power plant over two years, according to the invitation from ProCredit Bank. The selected contractor will also be required to design, supply, build and commission a 20 kV UG cable line for the power plant’s grid connection.

The bid submission deadline is September 15

The application documents will be available from July 28, 2021, via the email address kos.procurement@procredit-group.com, and the bid submission deadline is extended to September 15 at 12:00.

The PV system will be developed on a four-hectare land plot

The land plot for the project, in the village of Gracke e Vjeter, covers an area of four hectares and is located 6.5 kilometers from the existing 110/35 kV Lipjani substation, to which the future photovoltaic system will be connected, subject to approval from the Kosovo Electricity Distribution and Supply (KEDS). The land plot has been rented for two years with the option to purchase, ProCredit said in a statement.

The solar power project in Lipjan is in line with ProCredit Group’s medium-term goal to become carbon neutral

The decision to develop the Lipjan solar power project is aimed at reducing the negative environmental impact of greenhouse gas (GHG) emissions in Kosovo*, where about 97% of electricity is generated by two old thermal power plants which release almost 1 kg of CO2 for each kilowatt produced, the bank said.

The project is also in line with ProCredit Group’s medium-term goal to become a carbon-neutral institution and is hoped to set a positive example and contribute to the overall development of Kosovo*, where initiatives to promote and support sustainable projects are still very rare, according to the statement.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
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

croatia geothermal energy soyak power plant legrad 1

Soyak to install 80 MW geothermal power plant in Croatia

25 December 2024 - Croatia has only one geothermal power plant - the 16.5 MW Velika 1 in Ciglena near Bjelovar

Energy Community pace of integration implementation EU steady but CBAM looms

Energy Community’s EU integration pace steady but CBAM looms

25 December 2024 - Energy Community contracting parties showed a tendency this year toward steady transposition and implementation of European law

Romania calls agricultural food firms apply solar wind power grants

Romania calls agricultural, food firms to apply for solar, wind power grants

25 December 2024 - The Agency for Financing Rural Investments (AFIR) has EUR 150 million in grants for photovoltaic and wind power in Romania

Romanian Minister of Energy Sebastian Burduja reappointed

Romanian Minister of Energy Sebastian Burduja reappointed

24 December 2024 - Minister of Energy Sebastian Burduja remained in his seat following the recent general elections in Romania. He promised continuity and an acceleration in investment.