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

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Published:

October 12, 2023

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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.

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