Croatia’s HEP plans to build 75 MW solar power plant

Recycling

Croatian state-owned energy supplier Hrvatska Elektroprivreda (HEP) said it plans to build a 75 MW solar power plant as part of its strategy to increase by 50% the share of renewables in its portfolio by 2030, according to local media reports. 

The estimated value of the new photovoltaic (PV) plant, SE Korlat, is some HRK 480 million (EUR 64.6 million), HEP said in a statement during the weekend, without providing a timeframe for the project’s implementation, news outlets including Total Croatia and SeeNews reported.

The PV plant will be built adjacent to the 58 MW Korlat wind farm, which is expected to be commissioned in August 2020, HEP said.

The companyʼs other PV projects include SE Vis, which is under construction, and SE Cres and SE Vrlika Jug, whose construction is expected to start soon.

According to its renewable energy strategy, HEP plans to raise the share of green energy in its portfolio from the current 6,000 GWh to 9,000 GWh by 2030. 

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya Analysis

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.