News

Works underway to install 3,200 solar panels

Published

November 15, 2015

Comments

comments icon

0

Share

Published:

November 15, 2015

Comments:

comments icon

0

Share

The government’s provisional directive on renewables led to increased interest in this segment recently, and a few years ago entrepreneur Azem Bujak and his Bahen gradnja d. o. o. from Sarajevo built the first solar power facility in eastern Bosnia near Goražde, Al Jazeera reports. The investment of BAM 500,000 (EUR 255,650) was implemented in his home village of Bujaci, where the generated electricity supplies up to 80 households since May of 2013.

Bujak bought land at a selected position in the nearby village of Rešetnica and started an even larger project on 11,500 square metres. The power plant worth EUR 1.53 million will have the capacity of 1 GWh a year in its 3,200 panels, he said and added the investment could pay out within eight years.

Prime minister of Bosna-Podrinje Canton Goražde Emir Oković and the region’s minister of economy Esed Radeljaš visited the site in early November.

Related Articles

bih sarajevo electric buses air quality improvement project world bank

First e-buses to arrive in Sarajevo in 2027

24 February 2026 - Sarajevo will receive its first electric buses for public transportation under a project to improve air quality

bulgaria axpo advance green energy bess lovech agreement

Axpo, Advance Green Energy ink agreement on BESS in Bulgaria

24 February 2026 - A BESS facility of 124.1 MW in operating power was inaugurated in May last year. It is located next to a solar power plant

world bank prosumers solar financing republic of srpska

World Bank could finance 20,000 prosumers in Republic of Srpska

23 February 2026 - The World Bank intends to provide a loan for a prosumer project in the Republic of Srpska, with a financing decision expected as early as May

world ppa bloombergnef report 2025

Global clean PPA market shrinks for first time in nearly one decade

23 February 2026 - Tech giants contracted almost half of the total volume, and firm power deals are set to become dominant, according to a BloombergNEF report