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Etmax wins concession to build 60 MW solar plant in Republika Srpska

Etmax wins concession to build 60 MW solar plant in Republika Srpska

Date: January 4th 2022

Author: Montel

Category: En.vision

Topic: Electricity , Renewables

The government of Bosnia and Herzegovina's Republika Srpska entity on Tuesday awarded a 50-year concession to renewable energy firm Etmax to build a 60 MW solar plant near the south-eastern town of Nevesinje.

The plant, whose value is estimated at EUR 53.3m, will produce 84 GWh of electricity a year, the entity's energy and mining ministry said in a statement. It should be connected to the grid in three and a half years.

Republika Srpska drafted a new renewable energy sources bill in September which envisages feed-in tariffs for small power plants with a capacity of up to 150 kW, or up to 500 kW for biomass, landfill gas, biogas and rooftop solar power plants.

Under the existing law, only power plants with a capacity of up to 10 MW and solar and biogas power plants up to 1 MW are eligible for feed-in tariffs.

The new legislation introduces auctions and premiums for large-scale facilities, such as wind, solar and hydro plants. It also includes the concept of a prosumer, which will make it much easier for citizens and businesses to produce power for self-production amid rising prices on the global power market.

The new renewable energy sources bill should come into force in early 2022.

Some 130 micro solar power plants have been constructed in Republika Srpska to date, nearly half of them in its sunnier south-eastern region.


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