Renewables

Soyak to install 80 MW geothermal power plant in Croatia

croatia geothermal energy soyak power plant legrad 1

Photo: Hans from Pixabay

Published

December 25, 2024

Country

Comments

comments icon

0

Share

Published:

December 25, 2024

Country:

Comments:

comments icon

0

Share

Turkey-based Soyak plans to build an 80 MW geothermal power plant in Croatia. It would be the largest in the country.

Croatia has only one geothermal power plant – the 16.5 MW Velika 1 in Ciglena near Bjelovar. However, various investors, from private companies to local authorities, have demonstrated the intention to use geothermal energy.

Now the Ministry of Economy has issued a permit to Terra Energy Generation to use geothermal water at the Legrad 1 location.

Terra Energy Generation is a subsidiary of Soyak, which has a license for geothermal exploration.

The project would be implemented in two phases

Mayor of Legrad Ivan Sabolić said Terra Energy Generation intends to install an 80 MW geothermal power plant. He added that the project would be implemented in two phases.

The company has 60 days to sign a contract with the ministry on the exploitation of geothermal water. The investor has an obligation to start petroleum engineering activities at the site no later than one year from the signing of the contract, the decision reads.

The permit is granted for 25 years from the moment the contract enters into force. The Legrad 1 location, determined by the ministry, spans ​​20.89 square kilometers.

croatia geothermal energy soyak power plant legrad 1 location

The start of construction of the geothermal power plant is expected in the spring of 2026, Sabolić said and added that the facility would begin producing energy in early 2028.

Of note, Soyak has registered six more project firms in Croatia: Viola Energy Generation, Tigris Energy Generation, Primo Energy Generation, Vista Energy Generation, Astro Energy Generation, and Star Energy Generation.

According to analyses, Croatia has geothermal potential for power plants with a combined capacity of around 1 GW.

Back in June, Ivo Milatić, State Secretary in the Ministry of Economy and Sustainable Development, said that by 2030 Croatia plans to connect geothermal power plants of 319 MW in total to the grid.

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

montenegro distribution grid digitalization cedis smart meters scada adms zakaria ivanovic

Montenegro’s DSO CEDIS secures funds for grid digitalization

28 January 2025 - CEDIS has secured funds for the installation of the advanced grid management system and the procurement of smart meters

Turkey's photovoltaic capacity doubles since July 2022 19 6 GW YEKA GES 2024

Turkey’s photovoltaic capacity doubles since July 2022, to 19.6 GW

28 January 2025 - Turkey's 2025 solar power target of 19 GW was exceeded one and a half years earlier, Ember said in a new report

Enerjisa biggest two wind power projects Turkey auction

Enerjisa wins biggest two wind power projects in Turkey’s auction

28 January 2025 - The winners of all five YEKA wind power zones got a 20-year guaranteed price of just USD 35 per MWh. Enerjisa was awarded 750 MW.

bih lager solar coal mine sanski most kamengrad

Lager to install solar power plants on former coal mining site in BiH

27 January 2025 - Lager’s main activity is the sale of construction machinery. However, it is also investing in renewables in the region