Renewables

RSV Energy to install 47 MW solar power plant in BiH

Photo: Facebook/ Nijaz Kadirić

Published

October 3, 2019

Comments

comments icon

0

Share

Published:

October 3, 2019

Comments:

comments icon

0

Share

Bosanski Petrovac-based RSV Energy plans to invest around BAM 70 million (about EUR 35.8 million) in a 47 MW solar power plant that will cover 80 hectares near the town in Bosnia and Herzegovina.

The Minister of Economy in the Government of the Una-Sana Canton, Nijaz Kadirić, has announced on his Facebook page that he had met with Zlatko Hujić and owners of the solar photovoltaic (PV) power plant in Krnjeuša -representatives of RSV Energy. According to Kadirić, they presented a plan for the construction of new and larger solar power plants.

The largest solar power plant in the Una-Sana Canton was put into operation in Krnjeuša in mid-June. Its installed capacity is 150 kW and the investment was worth BAM 720,000 (about EUR 368,100), while the expected annual production is 219 MWh.

The largest solar power plant in the Una-Sana Canton was put into operation in Krnjeuša in mid-June

Kadirić said that the ministry is preparing documentation for the construction of a 47 MW solar PV that would span 80 hectares, in the area of the Bosanski Petrovac municipality, based on the expressed interest of investors.

The expected investment is estimated at BAM 70 million, Kadirić said, adding that he anticipates the completion of tendering documentation and the signing of the contract to be accomplished by the end of the year.

According to Nezavisne Novine, Kadirić said that the USK’s goal is to attract investments that would not pollute the environment in order to keep the canton environmentally friendly, as it is now.

Half a year ago, the implementation of a BAM 120 million (about EUR 61.3 million) project to construct the first wind farm in the USK, near Bihać, started, he said.

In February, the USK government and Croatia’s Ivicom Consulting signed a contract to regulate the parties’ relations concerning a concession agreement to build and operate wind turbines, each with a capacity of up to 5 MW, on the territory of Bihać.

Kadirić also announced changes to the concessions law to enhance investments in renewable energy sources.

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

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency

green steel electric vehicles study transport environment

Switching to green steel would add just EUR 8 per electric vehicle by 2040

11 July 2024 - Switching to 40% green steel would add just EUR 57 to the sticker price of an electric vehicle in 2030, according to an analysis by T&E

Albania declares eight winners at 300 MW solar power auction

Albania declares eight winners at 300 MW solar power auction

10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh