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

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