January 15 (SeeNews) - Bosnian power utility Elektroprivreda BiH (EPBiH) [SAJ:JPESR] said on Friday that the 48 MW Podvelezje wind farm has produced its first kilowatt hours of electricity during the functional testing of two of its fifteen turbines.
The Podvelezje wind farm is expected to be commissioned in the first quarter of 2021, Elektroprivreda BiH said in a press release
The wind farm will produce an estimated 130 GWh of electricity per year, the company said earlier.
The wind farm was built near the southern town of Mostar by a consortium comprising Croatia's Siemens Gamesa Renewable Energy and Denmark's Siemens Wind Power A/S, both units of Spanish engineering company Siemens Gamesa. The surveillance and management system (SCADA) that enables remote monitoring and managing of the wind farm from Sarajevo, has been installed and partially tested.
EPBiH has signed a 30-year concession contract for the project with the government of Bosnia's Herzegovina-Neretva Canton. The project will be financed through a loan from German development bank KfW and EPBiH's own funding.
The power utility said earlier that the KfW loan will be in the amount of 65 million euro ($73 million), whereas EPBiH will invest 3 million euro.
(1 euro = 1.95583 marka)