German investor to kick-start construction of 50 MW wind farm in Bosnia in Oct
The energy ministry of Bosnia`s Serb Republic announced that a German investor is commencing work on a 50 MW Grebak wind farm in October 2020. The EUR 66,5-million facility will be deployed in Bosnia’s Nevesinje municipality.
The official Statement of Ministry of Energy and Mining of the Republic of Srpska elaborates that the company plans to install eight Siemens wind turbines of 6,6 MW each, as the wind farm’s output is projected at 150 MWh annually and expects that the wind park will be connected to the national grid by the middle of 2022.
The concession agreement between the Ministry and German company Vetroelektrana Grebak was signed in April 2019 for the period of 50 years negotiating a concession fee of 0,0055 marka per kilowatt hour to the Serb Republic government. In the long term the project will be highly beneficial for the Nevesinje Municipality as 95% of the concession payments will be transferred to its budget.
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