Electricity

Tender to be called soon for Ljubinje solar plant, mayor claims Austrians planning to invest

Photo: Pixabay

Published

November 7, 2017

Comments

comments icon

0

Share

Published:

November 7, 2017

Comments:

comments icon

0

Share

The blueprints for a solar power plant have been drawn up, the required documents have been secured to start construction in the town of Ljubinje in the Republika Srpska and the Ministry of Industry, Energy and Mining is due to call a tender for an investor, Ljubinje Mayor Darko Krunić said. Local media reported that the total expected investment into the 80 MW power plant is around EUR 72 million with the local authorities expecting an annual income of about EUR 200,000 from concessions.

Krunić said the project will be financed completely by a company from Austria whose name he did not disclose. He added that Austrian experts have toured the site planned for the construction of the solar plant. These are certain investors who are not asking from any stimulation from the government and have secured the sale of all electric energy they produce, Krunić said.

The state Radio TV RS reported that the Ministry of Industry, Energy and Mining confirmed that companies from Austria and Turkey have expressed interest in the project. The RS government has decided to start the proceedings to allocate the concessions for the solar power plant and the ministry said it would published the conditions for the concession and call a tender soon.

Krunić said the construction of the new power plant would start once the tender was completed with a two year deadline to complete construction. The Ljubinje municipal authorities have secured 70 hectares of land for the solar farm outside the town on the road to the town of Stolac.

The media in Bosnia-Herzegovina said that the new solar power plant would be the biggest of its kind in the country, once completed.

RS Power company (EPRS) Distribution Directorate Director Dalibor Muratović said the planned production from the new plant is equal to about 2.5 percent of the annual power consumption in the RS. “According to our production balance for 2018, small hydropower plants, solar plants and bio-gas powered plants should produce some 325 GW of electric energy, with the hydropower plants producing the majority of power while solar plants will produce just 7.5 GWh,” Muratović said.

The Ljubinje solar power plant will have large installed power and the investors will sell the power produced there on the market. The investor will also be obliged to build more than 10 kilometers of a power transfer network.

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

heatwave power exchange prices see europe serbia

What is behind electricity price spike in SEE: grid issues, and something more

13 July 2024 - Record high temperatures aren't the main cause of the record price increase on power exchanges, ranging from 50% to 170%

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

serbia nuclear energy memorandum government institutes faculties vucevic djedovic

Serbian government forges nuclear energy alliance with 20 scientific institutions, firms

10 July 2024 - The memorandum is aimed at gathering experts from Serbia and abroad to examine the possibility of the use of nuclear energy

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