Pairing Solar + Water Reservoirs: Streževo Dam Pilot

Oct 24, 2023 02:49 PM ET
  • JP Hidrosistem Streževo is investing in a 500 kW photovoltaic power plant, combining solar and hydroelectric power. The project will benefit North Macedonia and contribute to its clean energy goals.
Pairing Solar + Water Reservoirs: Streževo Dam Pilot

JP Hidrosistem Streževo has installed a 500 kW photovoltaic power plant on its Streževo dam in North Macedonia. The company intends to sell electricity on the market and invest MKD 30,000,000 (about EUR 487,000) into the PV facility. In Southeastern Europe, several projects to install solar power plants on or near reservoirs and artificial lakes have been completed or are underway. This is a great combination of solar and hydroelectric power plants as the land around water reservoirs is well suited for solar power plants and infrastructure. The investment is expected to pay off in the short term and contribute to the country’s goal to increase the use of clean energy.

What Benefits Will the 500kW PV Plant at Streževo Dam Bring?

  • The 500kW PV Plant at Streževo Dam will allow JP Hidrosistem Streževo to produce and sell clean energy on the market, bringing in additional revenue.
  • By producing and selling electricity from the PV facility, JP Hidrosistem Streževo will reduce its dependence on imported energy, making its operations more sustainable.
  • The investment in the 500 kW PV Plant will contribute to the country’s goal to increase the use of clean energy, helping to reduce the country’s carbon footprint.
  • The combination of the solar and hydroelectric power plants will create a reliable, renewable energy source for the region.
  • The installation of the 500 kW PV Plant will create new jobs in the region, boosting the local economy.

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