Siemens awarded 44 MW wind turbine deal


March 30, 2016





March 30, 2016




Power utility Elektroprivreda HZHB signed a contract with German engineering titan Siemens for the delivery and construction of 22 wind turbines worth EUR 72 million. Mesihovina facility, located in Bosnia and Herzegovina’s southwest, will have a capacity of 44 MW, according to the state-owned hydropower plant operator. It is the smallest of three state-controlled electricity holdings. Elektroprivreda HZHB said the substation will be installed by a consortium of ABB d.o.o. from Croatia and Elektrocentar Petek d.o.o. in a project worth another EUR 4 million.

KfW Development Bank of Germany funds the wind power plant with EUR 71 million and an additional EUR 1 million was donated by the government in Berlin, while the utility finances the remainder. Elektroprivreda HZHB expects the power plant to be completed by the end of the next year.

The documents were signed in hydropower plant Rama, at a ceremony after the phase of the refurbishment co-financed by Germany was finished. The eight-year project was funded by a donation from its government of EUR 7 million and KfW’s loan of EUR 10 million. The government of the Federation of BiH, one of two country’s entities, donated EUR 2.9 million and Elektroprivreda HZHB provided EUR 8.1 million.

Related Articles

Earth Day 2024 Planet vs. Plastic

Earth Day 2024: Planet vs. Plastics

20 April 2024 - The Earth Day has been celebrated every April 22 since 1970. This year’s theme is...

Record low power prices and curtailments threaten renewable investments in Greece, Spain

Curtailments, record-low power prices threaten renewables investments in Greece, Spain

20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices

north macedonia power exchange memo coupling eu brussels shutinoski

North Macedonia eyes first market coupling with some EU member state in 2026

19 April 2024 - Coupling electricity markets with EU countries is very important for the EU membership candidate states, MEMO CEO Simon Shutinoski said


Power utilities in Greece, Cyprus allow home PV systems to be paid in installments

19 April 2024 - Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs