Renewables

Wpd secures concession agreements for two wind farms in BiH

wpd secures concessions for two wind farms in bih cadilj i Marino Brdo

Photo: Government of Canton 10

Published

July 22, 2022

Country

Comments

comments icon

0

Share

Published:

July 22, 2022

Country:

Comments:

comments icon

0

Share

German renewable energy company wpd, one of the most active investors in renewable energy in the region, has secured concession agreements for the construction of two wind farms with a capacity of 264 MW in Canton 10 or Herzeg-Bosnia County in Bosnia and Herzegovina.

The concession agreements for wind farms Čadilj and Marino Brdo represent the beginning of the implementation of a regional wind farm system with 1.2 GW in total in BiH and Croatia, announced in mid-2019. Power plants with a capacity of 1,1 GW will be built in BiH.

The concession contract for the construction of wind farms Čadilj and Marino Brdo was signed by the company Vjetroelektrane Dah planine with the Government of Canton 10. The firm’s director is Zoran Obradović, and it is owned by wpd.

The government announced that the wind farms would be located on the territory of the municipalities of Glamoč and Bosansko Grahovo.

The annual concession fees will be 1.75% and 1.78% of the two wind parks’ gross revenue

The contract was signed by Minister of Economy Dijana Puzigaća, on behalf of the Government of Canton 10.

One concession agreement is for the construction of wind farm Čadilj, located in the municipality of Glamoč, with a capacity of 138 MW. It will pay a one-off concession fee of EUR 31,000 and 1.75% of its annual gross revenue from the generated electricity.

Wpd was also awarded a concession agreement for the construction of the 126 MW Marino Brdo wind farm, which will be built in the municipality of Bosansko Grahovo. The one-off concession fee is EUR 28,000, while the annual concession fee is 1.78% of the gross revenue from the generated electricity.

Wpd: We expect additional developments soon regarding the regional wind farm system

The contracts were concluded for 30 years, exclusively for the purpose of producing electricity in wind farms, the government said.

Wpd announced that it expects new achievements soon in the implementation of the regional wind farm system that it is developing in BiH and Croatia. The prerequisites for legal certainty and project development in other locations have been met, it added.

Wpd is building the Brajići wind farm in Montenegro, and a 400 MW wind power plant in North Macedonia. As for the entire region, the utility currently operates four wind farms in Croatia, with a total capacity of 100 MW. Recently it signed the first commercial power purchase agreement (PPA) in Croatia.

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

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

croatia hep korlat ebrd eib loans

Croatia’s HEP secures financing for Korlat solar power plant

24 October 2024 - Korlat is the largest photovoltaic project in Croatia with a construction permit, according to Hrvatska Elektroprivreda

epcg ivan bulatovic investments gvozd perucica

EPCG to invest EUR 300 million in next three years – CEO

24 October 2024 - Montenegro’s power utility Elektropriveda Crne Gore is conducting a big investment cycle, its CEO Ivan Bulatović said