October 7 (SeeNews) - Croatian state-owned energy supplier Hrvatska Elektroprivreda (HEP) said it will commission its first wind farm worth 500 million kuna ($73.9 million/67.4 million euro) in August 2020.
The construction of the 58 MW Korlat wind farm is underway near the town of Benkovac situated some 40 kilometres from the Adriatic port of Zadar, HEP said in a statement during the weekend.
You can download the 2024 Renewable energy in Southeast Europe report here
Korlat is expected to produce around 170 GWh per year equal to around 1.0% of the Croatian electricity consumption, HEP added. It will be the first wind power plant in HEP's generation portfolio, as well as the first power plant in Croatia to generate electricity without government incentives.
Germany-headquartered Nordex Group will supply the plant's 18 wind turbines and will also carry out their maintenance for a period of 20 years.
The construction works are carried out by local firms Ing-Grad and Fractal.
HEP also said it plans to add to its system 1,500 MW of new capacities by 2030, including 350 MW of wind and the same capacity of solar plants.
(1 euro = 7.42134 kuna)
Hrvatska Elektroprivreda d.d. is among the biggest companies in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here