Renewables

Republic of Srpska inks concessions for solar power plants of 60 MW in total

Republic of Srpska concessions solar power 60 MW Nevesinje

Photo: Ministry of Energy and Mining

Published

October 12, 2023

Comments

comments icon

0

Share

Published:

October 12, 2023

Comments:

comments icon

0

Share

The Ministry of Energy and Mining of the Republic of Srpska in Bosnia and Herzegovina signed concession agreements for the construction and operation of two solar power plants in Nevesinje.

Minister of Energy and Mining Petar Đokić signed the concession contracts with Mirko Karać and Milisav Đurasović, the heads of the companies M Solar and MDD Energy, respectively, on the construction and operation of two solar power plants. The projects, both on locations in the territory of the municipality of Nevesinje, envisage nameplate capacities of 30 MW each.

The projects are worth EUR 22.5 million apiece. According to the ministry, each would generate 45 GWh per year.

Both firms are based in Nevesinje. The ministry said the photovoltaic plants would be built within five years. The concessions are for 50 years.

The Municipality of Nevesinje is entitled to 95% of the concession fee

Before signing the deal, the concessionaires made one-off payments to the entity budget of EUR 670,000 each. The concession fee will be 0.28 eurocents per kilowatt-hour of generated electricity. The municipality is entitled to 95% of the sum.

It should also be noted that the ministry issued public calls for concessions in late September for two other solar power projects.

One is for a 100 MW photovoltaic system in Bjelosavljevići in Sokolac. An Austrian affiliate of Germany-based Profine Group earlier launched the initiative. The other project is for an 80 MW unit called Dubovik in Srednji Dubovik in Krupa na Uni. The authorities acknowledged that Solar energetik, registered in the same municipality, has expressed interest in the investment before the call.

The Bjelosavljevići PV plant will have an estimated annual output of 142 GWh, compared to 100 GWh for Dubovik, the announcement revealed.

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

Romania preparing to build giant AI hub data centers

Romania preparing to build giant AI hub, data centers

29 January 2026 - Romania is developing its Black Sea AI Gigafactory project, of up to EUR 5 billion, and several other investments in new technologies

montenegro TNC eco team mapping low-conflict solar wind potential

Montenegro identifies 16.3 GW of low-conflict solar and wind potential

29 January 2026 - The Montenegro Energy Growth and Acceleration project was implemented by The Nature Conservancy and Montenegrin NGO Eco-Team

Record battery installations EU 2025 Bulgaria enters top 3

Record battery installations in EU in 2025 as Bulgaria enters top 3

28 January 2026 - The European Union added 27.1 GWh of battery capacity last year, marking a 12th consecutive record – driven by utility-scale storage

croatia ante susnjar minister renewables subsidies jutarnji list energy conference

Šušnjar: Croatia allocated EUR 4 billion so far to boost renewables; subsidies for wind, solar to end

28 January 2026 - Minister of Economy Ante Šušnjar said at an energy conference that the money could have been put to better use