Renewables

Slovenia awards first concession for geothermal exploration

slovenia geothermal energy verde energy soyak concession

Photo: Hans from Pixabay

Published

July 28, 2025

Country

Comments

comments icon

0

Share

Published:

July 28, 2025

Country:

Comments:

comments icon

0

Share

The Government of Slovenia has awarded a concession for geothermal exploration in the municipality of Lendava to Verde Energy. Slovenia doesn’t yet use geothermal energy for electricity production.

It is the first concession awarded for geothermal energy, marking an important step toward decarbonizing the Pomurje region, according to the Government of Slovenia.

Lendava is also the site of an innovative project for the use of geothermal energy in Slovenia. It is being implemented by Slovenian companies Dravske Elektrarne Maribor (DEM), Petrol, and Nafta Lendava.

The government said the Ministry of the Environment, Climate and Energy has received an initiative from Verde Energy to start the process of approving a concession for geothermal exploration. The procedure is based on the Law on the Introduction of Devices for the Production of Electricity from Renewable Energy Sources, adopted in 2023.

The concession includes three phases

The initiative relates to an area in the municipality of Lendava, the government said. It determined, after a thorough review, that it met all legal requirements.

The concession for geothermal exploration involves a comprehensive exploration of geothermal potential and the development of technology for producing electricity from renewable sources.

The project consists of several phases. The first is the exploration of geothermal energy potential, which includes geophysical surveys and the drilling and testing of geothermal wells.

The concession was awarded without a tender

Next is the preparatory phase, involving the creation of a spatial implementation plan, obtaining necessary permits, drilling wells, and constructing a geothermal power plant. The third phase is for an electricity production study.

According to local media, the concession was granted without a tender, which is allowed by law.

Verde Energy, registered in Ljubljana, is owned by Turkish company Soyak Yenilenebilir Enerji, part of the Soyak Holding group, Lendava Info reported.

In neighboring Croatia, Soyak is planning to build an 80 MW geothermal power plant. It would be the largest in the country. Soyak has established seven project firms in the country.

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

YESS Power rolls out 1.5 GWh regional portfolio after landmark BESS project in North Macedonia

16 April 2026 - Business Development Executive of YESS Power Emre Jabban detailed the Turkish company’s current pipeline of over 1.5 GWh for Balkan Green Energy News alongside the challenges in conducting large-scale storage projects

Vestas to supply wind turbines for Strazhitsa project in Bulgaria

Vestas to supply wind turbines for Strazhitsa project in Bulgaria

15 April 2026 - Vestas has received an order to supply eleven EnVentus V162-6.4 MW wind turbines for the Strazhitsa project in Bulgaria

romania grid connection approvals speculative bolojan

Romania moves to crack down on ‘speculative’ grid connection approvals

15 April 2026 - Romanian Prime Minister Ilie Bolojan has called for tighter grid connection rules, claiming that 90% of issued approvals are for “speculative" projects

Slovenian BiH power utilities settle historical dispute Ugljevik ERS HSE

Slovenian, BiH power utilities settle historical dispute

15 April 2026 - State-owned power utilities of Slovenia and the Republic of Srpska in BiH signed settled a dispute regarding the Ugljevik coal power plant in BiH