Renewables

Turkey’s Soyak eyes investment in geothermal energy in Croatia

Turkey-Soyak-investment-in-geothermal-energy-in-Croatia

Photo: Meeting of the representatives of the municipalities and Turkish company

Published

August 31, 2020

Country

Comments

comments icon

0

Share

Published:

August 31, 2020

Country:

Comments:

comments icon

0

Share

The Turkey-based Soyak is interested in investing in geothermal energy in the Croatian municipalities of Legrad and Đelekovec.

The company’s representatives have visited Legrad and they spoke with decision makers from the two municipalities about possible projects, the Municipality of Legrad said on its website.

The Turkish company applied for a concession on the recently published public call

The Croatian Hydrocarbon Agency issued a public call for a concession for the exploitation of geothermal energy in June, and Soyak is one of the companies that applied. The agency is asking for bids for four exploration areas.

Soyak intends to use geothermal energy in the Legrad-1 exploration field, the municipality said.

Both municipalities – Legrad and Đelekovec, backed the Turkish company with written and oral consent for the project.

Soyak operates hydropower plants with a total installed capacity of 150 MW and another 60 MW in geothermal power plants

Members of Soyak’s management board Taşkın Kızılok and Can Soyak and Danica Maljković from the Hrvoje Požar Energy Institute, the company’s technical advisor in Croatia, met with mayors Ivan Sabolić and Štefica Sirutka, respectively.

Soyak is involved in energy investment, residential construction, freight transport and cement production. In Turkey, it has hydropower plants with an installed capacity of an overall 150 MW and geothermal power plants with a capacity of 60 MW. Last year it established a subsidiary in Croatia to invest in energy projects.

The first geothermal power plant in Croatia was opened last year in Ciglena near Bjelovar. Geo Power Zagocha plans to build another one in the municipality of Čađavica. In the meantime, the Municipality of Babina Greda started research and exploration of geothermal potential.

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

Turkey major lithium producer geothermal wells

Turkey aims to become major lithium producer with its geothermal wells

21 April 2025 - Existing geothermal wells alone can enable Turkey to become one of the world's major producers of lithium, JESDER's chief Ufuk Şentürk said

All applicants qualify for first wind power auction in Kosovo

All applicants qualify for first wind power auction in Kosovo*

21 April 2025 - Three potential bidders met the legal, technical and financial criteria for the upcoming 100 MW wind energy auction in Kosovo*

bih republic of srpska hydropower plants bistrica tunnels petar djokic

Three hydropower plants on Bistrica river to be finished by end-2026

18 April 2025 - Chinese company AVIC is in charge of building the three hydropower plants on the Bistrica, with a total capacity of 39 MW

bih federation ephzhb court poklecani urban permit arhaus

Supreme Court of Federation of BiH annulls urban permit for Poklečani wind farm

17 April 2025 - The project is being developed by Elektroprivreda HZHB, one of the three state-owned power utilities in Bosnia and Herzegovina