Elektrohertz Secures 150-MW Solar Project in Bosnia Deal

• Republika Srpska powers up with a 150-MW solar park, boosting green energy and investing BAM 194.4 million for a brighter future.

The government of Republika Srpska in Bosnia and Herzegovina has signed a 30-year concession agreement with Elektrohertz d.o.o. Rogatica for the construction and operation of a 150-MW solar park. Announced by the Ministry of Energy and Mining, the deal will facilitate the development of the Javor photovoltaic farm in Rogatica, with an investment of BAM 194.4 million (USD 115.5 million/EUR 99.4 million).

The solar park is expected to be completed within four years and will generate approximately 197.1 GWh of electricity annually. Elektrohertz has paid an initial fee of BAM 971,932 and will pay a concession fee of BAM 0.0055 per kWh of electricity produced.

What are the key details of Republika Srpska's 150-MW solar park agreement?

• The Javor photovoltaic farm will be located in the municipality of Rogatica, Republika Srpska.
• The project aims to enhance the region's renewable energy capacity and reduce reliance on fossil fuels.
• The 30-year concession agreement includes both construction and operational phases.
• The solar park is expected to contribute significantly to local employment during the construction phase.
  
• The project aligns with Republika Srpska's strategic goals for sustainable energy development.
• Elektrohertz d.o.o. Rogatica is responsible for securing necessary permits and adhering to environmental regulations.
• The generated electricity will be integrated into the national grid, supporting energy supply stability.
• The project is part of a broader initiative to increase the share of renewable energy in Bosnia and Herzegovina's energy mix.
  
• The investment is seen as a step towards meeting international climate commitments and reducing carbon emissions.