Renewables

wpd sets up JV to develop Krmpote wind farm of up to 90 MW

Photo: The location of the future Krmpote wind farm (wpd)

Published

July 3, 2019

Country

Comments

comments icon

0

Share

Published:

July 3, 2019

Country:

Comments:

comments icon

0

Share

Bremen-based wpd europe and Rijeka-based Tekol Teri have set up VE Krmpote, a joint venture to develop a wind farm on the Ruševo-Krmpotsko location near Novi Vinodolski, wpd said in a press release. The value of the investment is estimated at more than EUR 120 million.

The Krmpote wind farm will have an installed capacity of up to 90 MW and cover an area of 27 square kilometers. The wind farm is expected to generate around 250,000 MWh of clean energy, which will significantly contribute to reducing greenhouse gas emissions, dependency on electricity imports, and the transition to a low-carbon economy, according to the press release.

The output is sufficient to cover the annual electricity consumption of more than 50,000 Croatian households.

VE Krmpote launched operations by signing a Memorandum of Understanding (MoU) with the City of Novi Vinodolski, which states the investor’s intention to be mindful of the local community’s interests and needs and the city’s plan to support the investment.

The agreement on the establishment of VE Krmpote was signed by Andreas Chollet, head of project development at wpd europe, and Mato Markanović, development adviser at Tekol Teri. The MoU was inked by Velimir Piškulić, mayor of Novi Vinodolski, and Zoran Obradović, board chairman at VE Krmpote and managing director at wpd Adria, part of wpd europe.

Photo: The signing of the MoU by VE Krmpote and the City of Novi Vinodolski

wpd has four wind farms in Croatia and a total of 4,500 MW of installed capacity in 20 countries.

wpd intends to invest EUR 1.5 billion in BiH, Croatia

wpd intends to invest EUR 1.5 billion in an integrated 1.2 GW wind farm system in the Livno-Grahovo-Knin area in Croatia and Bosnia and Herzegovina (BiH), Obradović said recently.

Obradović, who recently spoke for Balkan Green Energy News about wpd Adria’s investments in the region, said that the plan is to build wind farms with a total capacity of 900 MW in BiH, and a further 300 MW in Croatia.

The project would be developed in stages, with construction expected to start in three to four years and be completed in 2030.

wpd Adria’s four wind farms in Croatia have a total capacity of 100 MW. The company is currently assessing the wind potential in the Ravno municipality, in the south of the Federation of BiH (FBiH), an entity of BiH. The planned wind farm there should have an installed capacity of 50 MW, with construction expected to start in three years.

Tags: ,
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 manufacture green hydrogen nuclear CCS equipment

Turkey to manufacture green hydrogen, nuclear, CCS equipment

25 April 2025 - The 2030 strategy paved the way for industrial facilities in Turkey for nuclear energy, green hydrogen, battery storage and CCS

Terna Energy pumped storage wind power hybrid Amari Crete

Terna Energy to make pumped storage, wind power hybrid in Amari in Crete

25 April 2025 - Greek company Terna Energy, recently acquired by Masdar, made a step forward in its Amari hybrid power plant project in Crete

MORE 43 2 MW wind park northern Greece regular operation

MORE puts 43.2 MW wind park in northern Greece into regular operation

24 April 2025 - Motor Oil Renewable Energy (MORE) received the operating license for its 43.2 MW wind power plant near the border with North Macedonia

croatia zagreb solar public buildings tomasevic

Zagreb on track to reach almost 20 MW of solar on public buildings

24 April 2025 - In 2021, Croatia's capital presented the Sunny Roofs program for the installation of photovoltaic plants with a combined capacity of 50 MW