January 27 (SeeNews) - Croatia's state-owned power utility Hrvatska Elektroprivreda (HEP) said on Friday it has invested a total of 389,000 euro ($423,000) in the construction of two integrated photovoltaic solar power plants on the rooftop of its combined heat and power (CHP) plants in Sisak and Osijek.
One of them, of 215 kW, has started production at TE-TO Sisak, while the other one, of 200 kW, is in preparations for trial production at TE-TO Osijek, HEP said in a press release.
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The state-run environmental protection and energy efficiency fund has provided 40% of the financing for the investment. The two solar plants will enable HEP to cut costs for the use of own energy at the sites of the CHP plants.
Currently, HEP has 63 integrated solar power plants with a total capacity of 2.7 MW and by the end of 2025 the overall number of photovoltaic solar installation at HEP's facilities will exceed 200.
“Before summer we will have 10 big operating non-intergated solar power plants, and by 2030 we plan to have 700 MW in solar and wind. We are looking into the future, and we have some 60 wind power projects in preparation and development for a total of some 1,400 MW and with an estimated investment value of some 1.5 billion euro,” HEP CEO, Frane Barbaric, said in the press release.
“We are carrying out a reconstruction and revitalisation project for our hydropower plants worth 570 million euro, upgrading thermal power plants and within our hydropower plant Dubrava we are building Croatia's largest solar plant,” Robert Krklec, head of HEP's production unit, said.
($ = 0.920 euro)
Hrvatska Elektroprivreda d.d. is among the biggest companies in SEE, for more reference take a look at Top 100 companies