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Croatian real estate group plans 80-MW solar park
Croatian real estate company Projekt Oporovecka has revealed plans for an 80-MW/96-MWp solar photovoltaic park in eastern Croatia. The project will be located in the village of Gornji Caglic, near the town of Lipik in Pozega-Slavonia County, covering a 218.5-hectare site.The solar park will consist of 143,927 PV modules and 18 Siemens Gamesa inverters, with an estimated annual electricity generation of 144,808 MWh. This will help offset between 21,720 to 26,210 tonnes of carbon dioxide emissions per year. The company has conducted an environmental impact assessment, concluding that the project will not harm air quality and will have minimal impact on the region's geodiversity. Additionally, environmental protection measures will be implemented to preserve existing vegetation.Projekt Oporovecka's proposal marks a significant step towards renewable energy development in Croatia, contributing to the country's efforts to reduce carbon emissions and promote sustainable energy sources. The project aligns with global trends towards clean energy production and demonstrates the potential for solar power to play a key role in the transition to a more environmentally friendly energy sector.
What are the environmental benefits of Projekt Oporovecka's 80-MW solar park in Croatia?
Reduction of carbon dioxide emissions: The 80-MW solar park will help offset between 21,720 to 26,210 tonnes of carbon dioxide emissions per year, contributing to the fight against climate change.
Preservation of air quality: The environmental impact assessment conducted by Projekt Oporovecka concluded that the solar park will not harm air quality in the region, promoting a healthier environment for local residents.
Minimal impact on geodiversity: The project will have minimal impact on the region's geodiversity, ensuring the preservation of the area's natural landscape and biodiversity.
Implementation of environmental protection measures: Projekt Oporovecka will implement environmental protection measures to preserve existing vegetation in the area, promoting ecosystem health and biodiversity.
Contribution to renewable energy development: The solar park represents a significant step towards renewable energy development in Croatia, aligning with the country's efforts to reduce carbon emissions and promote sustainable energy sources.
Jun 10, 2024 // Plants, Large-Scale, Commercial, Europe, Croatia, Solar Park, Projekt, Oporovecka
Lower-income EU nations obtain EUR 2.4 bn to pursue green transition
EUR 197 million to Bulgaria, EUR 47 million to Poland, EUR 88 million to Croatia, EUR 5 million to Latvia and also EUR 1 million to Lithuania.
Bulgaria,
Jun 9, 2023 // Markets & Finance News, european commission, EC
EU Invests €2B for Clean Energy Projects
efficiency in the beneficiary states.The beneficiary countries are Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia.
Dec 21, 2023 // Markets & Finance News, Europe
PPC and Mytilineos Partner for 2 GW Solar Development
is valued at up to EUR 2 billion and includes 90 projects in Italy, Bulgaria, Croatia, and Romania. Mytilineos will handle the development and construction of the
Apr 12, 2024 // Plants, Large-Scale, Commercial, Italy, Europe, PV Power Plant, balkans, PPC, Mytilineos
MET Group buys 60-MWp solar project in Poland
geographically diversified renewables portfolio, MET likewise targets Romania, Croatia, as well as Germany where the investment atmosphere for renewable energy is
Aug 29, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Europe, Solar Project, MET Group, Christian Hurlimann
EBRD evaluates investment in Taaleri's 6th renewable energy fund
The countries that fall within the scope of the fund include Bulgaria, Croatia, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Montenegro,
May 9, 2023 // Markets & Finance News, USA, EBRD, North America
Croatia tenders 50 MW of solar
Croatian electricity as well as gas regulatory authority Hrvatski Operator Tržišta Energije has actually released a tender for 88 MW of renewables capability.
The authority aims to assign 50 MW of solar ability, 15 MW of biogas, 14 MW of biomass and 9 MW of hydropower.
Solar projects ranging in scale from 50-500 kW are qualified to participate, with a maximum rate of EUR0.063/ kW for the solar energy generated. The cost cap for the other renewables innovations is EUR0.10/ kWh.
The procurement round becomes part of a tender program announced by the Croatian government in May. Via the scheme, Zagreb aims to designate 1,075 MW of solar capability as part of a total 2.26 GW of renewables projects.
The solar ability targeted is broken down as 625 MW of projects larger than 10 MW, 240 MW of 500 kW-10 MW centers as well as 210 MW of 50-500 kW plants. Effective projects will protect a feed-in rate costs which will cover up place market power prices.
Aug 6, 2020 // Large-Scale, Markets & Finance News, tender, Europe, Croatia
Croatian furniture maker Sobocan to invest 55 mln kuna (7.3 mln euro) by end-2024
on the roof covering of its production plant in Mursko Sredisce, northern Croatia.
The overall worth of the investment in the solar plant is 4.5 million kuna,
Apr 27, 2022 // Markets & Finance News, Sobocan
French Firm Newheat Raises EUR7 M for Renewable Heat Development
passions complying with the signing of a very first task abroad, in Croatia. Decarbomalt Croatia, which will certainly avoid 4,000 tonnes of CO2
Dec 3, 2021 // Markets & Finance News, France, Europe, fundraising, Bpifrance, Hugues Defréville, Newheat, renewable heat
MET Group bags 60MW Polish solar
diversified renewables portfolio, MET additionally targets Romania, Croatia, and Germany where the investment atmosphere for renewable resource is
Aug 30, 2022 // Markets & Finance News, Poland, Europe, MET Group, Christian Hürlimann
HEP Secures EBRD Loan for 99-MW Solar Project
Croatia's state utility, Hrvatska Elektroprivreda (HEP), has secured a loan of up to EUR 31.6 million from the European Bank for Reconstruction and Development (EBRD) to fund the construction and operation of a 99-MW solar park. The financing was approved in September and is part of a broader funding strategy, which includes an additional EUR 30.4 million from the European Investment Bank.The Korlat photovoltaic farm is expected to generate approximately 117,050 MWh annually, reducing carbon dioxide emissions by nearly 29,000 tonnes. This initiative aligns with HEP's decarbonization strategy and Croatia's aim to increase renewable energy's share in gross final energy consumption to 36.4% by 2030. Currently, HEP's power generation capacity stands at 3,451 MW, with only 3% derived from renewable sources.
How will the Korlat solar park impact Croatia's renewable energy goals and emissions reduction?
Enhanced Renewable Energy Capacity: The Korlat solar park will significantly boost Croatia's renewable energy capacity, contributing an additional 99 MW to the national grid. This increase is essential for achieving the national target of 36.4% renewables in gross final energy consumption by 2030.
Significant Emission Reductions: By generating around 117,050 MWh annually, the park is projected to help reduce carbon dioxide emissions by approximately 29,000 tonnes. This reduction will play a vital role in meeting Croatia's emissions targets and commitments under international climate agreements.
Support for Decarbonization Strategy: The project aligns with HEP’s broader decarbonization strategy, which focuses on transitioning away from fossil fuels and towards sustainable energy sources. This shift is crucial for reducing reliance on coal and other high-emission energy sources.
Job Creation and Economic Growth: The construction and operation of the Korlat solar park will likely create various jobs in the renewable energy sector, contributing to local economic development. As Croatia invests in renewable technologies, there may be further opportunities for local enterprises in manufacturing, installation, and maintenance.
Investment in Infrastructure: The funding secured from prominent financial institutions like the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank demonstrates a strong commitment to expanding renewable energy infrastructure. This financial backing can facilitate the development of additional projects in the future.
Energy Independence: The increase in renewable energy generation from the Korlat solar park contributes to Croatia's energy independence by reducing reliance on imported fossil fuels. This move enhances energy security and stabilizes energy prices in the long run.
Promotion of Clean Technologies: The completion of the Korlat photovoltaic farm will serve as a benchmark for future solar projects in the region, encouraging additional investments in clean technology and innovative solutions, driving the renewable energy market forward.
Community Engagement and Awareness: Projects like the Korlat solar park can raise public awareness and support for renewable energy initiatives, fostering a stronger community engagement in sustainable practices and climate action.
Long-term Sustainability Goals: The successful implementation of the Korlat solar park will support Croatia's long-term sustainability goals, reinforcing the importance of integrating renewable energy in national energy policies to combat climate change and promote environmental stewardship.
Potential for Future Expansion: The initial success of the Korlat solar park could pave the way for further development of similar projects across Croatia, contributing to the government's broader agenda of increasing the role of renewables in the energy mix.
Oct 24, 2024 // Plants, Large-Scale, Commercial, Europe, Solar Project, Croatia, HEP
Slovenia's Largest Solar Power Plant Comes Online
the Brežice hydropower plant in Slovenia, which is located on the border with Croatia. This is the biggest solar power plant of its kind in the country, and it is
Feb 3, 2023 // Plants, Large-Scale, Commercial, Europe, Slovenia, PV Power Plant
Three Seas investment fund investing in owner of PV properties in Bulgaria
Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Austria, Croatia, Romania and also Bulgaria. The political project intends to promote
Jun 14, 2021 // Markets & Finance News, Europe, PV Power Plant, Bulgaria, Three Seas
Croatia's Vukovar obtains European give for public buildings PV project
European gives will cover 85% of a 5.8 million kuna ($809,000/ 773,000 euro) project to install planetary systems with an overall capacity of 801.90 kW in public buildings in the eastern Croatian city of Vukovar, the local authorities said.
Jun 13, 2022 // Plants, Large-Scale, Commercial, PV project, Europe, Vukovar
Flixbus plans hydrogen buses on long-distance routes
with long-distance networks in France, Italy, Austria, the Netherlands and Croatia and cross-border routes to Scandinavia, Spain, England and Eastern
Nov 12, 2019 // Technology, Storage, Transport, Germany, China, Europe, Asia, BYD, FlixMobility, hydrogen fuel cell buses, Freudenberg Sealing Technologies, André Schwämmlein, Yutong, Claus Möhlenkamp