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

Energo-Pro upgrades 280 MW hydropower plant Turkey PV park

Energo-Pro upgrades 280 MW hydropower plant in Turkey with PV park

19 May 2026 - Energo-Pro built a 40 MW photovoltaic system in eastern Turkey and integrated it with its Alpaslan 2 hydroelectric plant of 280 MW

Grzegorz Zieliński lead EBRD s South Eastern Europe

Grzegorz Zieliński to lead EBRD’s operations in South‑Eastern Europe

19 May 2026 - EBRD's new Managing Director for South‑Eastern Europe Grzegorz Zieliński is assuming the office at the beginning of next month, succeeding Charlotte Ruhe

No silver bullet decarbonizing energy intensive industries low-hanging fruits Belgrade Energy Forum 2026

‘No silver bullet’ for decarbonizing energy-intensive industries, but there are low-hanging fruits

19 May 2026 - While there is no silver bullet for the decarbonization of energy-intensive industries, there are some low-hanging fruits, said the participants of a panel within Belgrade Energy Forum – BEF 2026

serbia eu region bef 2026 cbam border eu western balkans

CBAM may hinder decarbonization and renewables, contrary to its intended aim

18 May 2026 - The European Union’s Carbon Border Adjustment Mechanism (CBAM) has caused serious disruptions to electricity markets...