HEP to invest around EUR 100 million in solar power plants by end-2023
The Kaštelir, Cres, Vis, and Vrlika Jug solar power plants, with a combined capacity of 11.6 MW and value of over EUR 10 million, are the first four solar power plants that state power utility Hrvatska Elektroprivreda (HEP) plans to build as part of a major investment cycle to soak around EUR 100 million by […]
Croatian power utility HEP seeking partners interested in development, sale of renewable energy projects
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) is exploring options for the development and construction of renewable energy facilities in Croatia and the integration of completed or highly developed renewables projects into its production portfolio, according to the company’s public invitation for the submission of expressions of interest. HEP is looking for Partners interested in […]
HEP says to invest EUR 135 million in renewables on average annually to lift share to 50% by 2030
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) plans to invest HRK 1 billion (around EUR 135 million) in renewable energy sources on average annually, in what will enable it to increase the renewables share from 35% to 50% by 2030, according to a news release from HEP. HEP plans to achieve the target through the […]
HEP commissions another EV charging station, brings overall number to over 50
Croatian power utility Hrvatska Elektroprivreda (HEP) has commissioned an ELEN electric vehicle (EV) charging station in Viškovo. Two vehicles can be charged simultaneously at the EV charging point, HEP said in a news release. The ELEN EV charging station in Viškovo has been set up based on an agreement with the municipality of Viškovo, which […]
HEP Group to invest EUR 780 million in power networks by 2021
Croatian power utility Hrvatska Elektroprivreda (HEP Group) will invest HRK 4 billion (EUR 537 million) in the distribution network and more than HRK 1.8 billion (EUR 241 million) in the transmission network from 2018 to 2021, which will ensure the security of supply for the existing and future consumers in Croatia. Members of the Croatian […]
HEP signs construction deal for Zagreb CCPP as it secures EUR 130 million in lending from EBRD, EIB
Power utility Hrvatska Elektroprivreda’s (HEP) project to build a new gas-fired combined-cycle gas-turbine plant to replace old and worn-out units at the EL-TO Zagreb combined heat and power (CHP) site will be backed with a total of EUR 130 million in lending from the European Bank for Reconstruction and Development (EBRD) and the European Investment […]
HEP to build Croatia’s largest solar plant to date on Cres island
The Primorsko-Goranska county, the Monastery of St. Frane – Cres and power utility Hrvatska Elektroprivreda (HEP) have signed an agreement on cooperation on the Orlec Trinket solar power plant project on the Cres island, in what would be the largest solar power plant in Croatia. The largest solar park in Croatia currently has an installed […]
HEP to pour EUR 29.6 million into state budget from 2017 profit
Croatia’s state power utility, Hrvatska Elektroprivreda (HEP), will transfer HRK 218.4 million (about EUR 29.6 million) out of its 2017 net profit into the state coffers, in line with a requirement for strategic enterprises to set aside 60% of their profits for the state budget, local media reported, citing a decision from last week’s HEP shareholder […]