Hive Energy eyes 2025 start for first solar plant in Croatia
Date: February 20th 2024
Author: Dalibor Dobrić
Category: En.vision
Topic:
Electricity
, Renewables
UK-based renewables developer Hive Energy has secured land for 66 MW of solar power capacity in Croatia and plans to build the first plant in 2025, its country manager told Montel.
All three solar projects, with capacities of 6 MW, 50 MW, and 9.99 MW, will be built on private land located in Sisak-Moslavina and Bjelovar-Bilogora county, in the central continental part of the country, the company noted earlier this month on its website.Two of the projects Hive Energy is developing are expected to have all permits in place by the end of this year, while the third one still needs a spatial plan insertion.
One of the first two is a 6 MW agrivoltaic project on a hazel grove for which Hive is hoping to get an energy permit, the starting point for developing energy production projects, in Q2 of this year.
“We are hoping to begin construction in Q1 or Q2 2025 and launch production six months after that,” Hive country manager Ivo Dubravcic noted.
The company added on its website that the agrivoltaic project will be “an interesting and unusual project to develop” as it will give the company a deeper understanding of the agrivoltaic process.
PPAs
Dubravcic told Montel that the company is considering power purchase agreements (PPAs) for the three solar projects, “but we would certainly also take into consideration a market premium contract if a tender opens for one, although we are not counting on it.”Croatia failed to post a market premium tender last year and has to negotiate a new incentives programme with the European Commission. The economy ministry recently told Montel that it found a way to finance the scheme without a prior green light from the EC.
Hive Energy is planning several other larger solar projects – including agrivoltaics – in Croatia. As these are all in early stages of development, Dubravcic declined to disclose any details.
Last July, the company also announced it had secured land in Serbia for solar projects with a combined capacity of 490 MW.