- Construction of the largest solar park in the Balkans in Trebinje
Acting Director
of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA),
Marko Kubatlija, had a meeting with representatives of the Hungarian company
Lugos Renewables led by Roland Lugos. Based on the Memorandum of Cooperation signed with the Export
Promotion Agency HEPA, FIPA provided support to Lugos Renewables, which is
investing in the project in Trebinje to build the largest solar park in the
Balkans.
The project
involves the cooperation of Hungarian Lugos Renewables and Elektroprivreda of
the Republic of Srpska (ERS) through a mixed holding, and a new solar power
plant with a capacity of 73 MW is being built in Trebinje, near the border of
Montenegro and Croatia, which represents the 2nd phase of the entire
project. The first phase is already in the construction of substations and
transmission lines with a solar power plant of 73 MW, so with the addition of
the new solar power plant, the development of the complex will provide a
capacity of 146 MW (DC) of solar energy, which will make it the largest solar
power plant in the Balkans region according to current data.
This will create
new jobs, but more importantly, it will have a major impact on the region's
economic growth and environmental development by increasing the share of green
energy in total energy production.
Last year, Lugos
Renewables took majority ownership of the Trebinje 1 Solar Power Plant, after
the Competition Council of Bosnia and Herzegovina gave the green light for this
acquisition. The total value of the project is more than 50 million EUR and
will be the largest one in Bosnia and Herzegovina.
Mr Kubatlija
will continue to provide support to all investors interested in investing in Bosnia
and Herzegovina. In addition to investment projects that create new jobs and
bring higher added value, it is extremely important for us to attract and
realize those investments that bring new technologies, that invest in research
and development, bring a greater number of innovative products and services,
and invest in the employee education.