News

RP Global puts online 34.2 MW wind park near Dubrovnik

Published

April 27, 2016

Comments

0

Share

Published:

April 27, 2016

Comments:

0

Share

Privately held power producer and developer RP Global said it has commissioned its wind park in Rudine in Croatia’s south, becoming the largest wind energy investor in the market. The ceremony was attended by representatives of GE and the banking sector (International Finance Corporation, Mirova funds), as well as the local government.

Through wind parks Danilo and Rudine, the Austrian-based renewable energy company has invested a total of EUR 123 million in the country. This makes RP Global the largest investor in Croatia in the segment, with a market share of 20%. Both wind parks are also operated by the company.

The new, 34.2 MW facility is situated close to the village of Slano, at a distance of 50 kilometres from Dubrovnik. It added ten percent to the existing wind power capacity in the country. Construction started in August 2014 and was completed last year, with commercial operation starting in early 2016. IFC and UniCredit jointly provided EUR 42.5 million of the EUR 53 million investment. The twelve 2.85 MW turbines were provided by GE. The project data shows carbon dioxide emissions will be reduced by over 24,000 tonnes per year. Danilo’s capacity is 43.7 MW.

Though Rudine was the last project in Croatia’s wind quota, RP Global has plans for further projects in the country, also involving other renewable technologies, like small hydropower and photovoltaic. The lack of legal framework paired with the introduction of the new government mean the investors still wait for clear incentives, the company said.

 

Related Articles

Albanian power supplier takes loans worth EUR 100 million to cope with energy crisis

Albanian power supplier borrows EUR 100 million to cope with energy crisis

08 December 2021 - An energy emergency was declared in October due to a strong rally in electricity prices. Back then the government promised EUR 200 million

Bitola in North Macedonia to get district heating from power plant

Bitola in North Macedonia to get district heating from coal power plant

08 December 2021 - The construction of a district heating pipeline from REK Bitola has begun, almost forty years after the thermal power plant was built

Dimensions of INECP

EU supports Serbia in preparing the Integrated National Energy and Climate Plan (INECP)

08 December 2021 - Integrated National Energy and Climate Plan of the Republic of Serbia from 2021 to 2030 with the vision until 2050 is underway

Bulgarian water and sewerage utilities face bankruptcy due to high electricity prices

Bulgarian water and sewerage utilities face bankruptcy due to high electricity prices

08 December 2021 - The government and regulatory authorities are trying to find the solution, but for now they have different views on the issue