Croatia's HEP plans new solar plants with total capacity of 350 MW by 2030

09/04/2019 08:47 Solar


Croatian state-owned power utility Hrvatska elektroprivreda (HEP) plans new photovoltaic plants with a combined capacity of 350 MW by 2030, as in the next five years alone it will invest 750 million kuna ($113.7 million/100 million euro) in solar capacity, it said on Monday.

As part of its investment plan, HEP will launch the construction of four solar power plants - Kastelir, Cres, Vis and Vrlika Jug - with a total capacity of 11.6 MW and a combined value of 80 million kuna by the end of 2019.


The construction of solar power plant Vis will start this month. This project was taken over by HEP in December from local company Koncar OIE.


A HEP unit - HEP Proizvodnja - will build the Vrlika Jug solar power plant in the second half of 2019.


HEP has also signed a purchase agreement for the existing solar power plant Sabadin, soon to be renamed to Kastelir, in the northern Adriatic.


Daily (22.05.2019): NBP spot ended down by nearly 3% on Tuesday due to higher Norwegian flows

22/05/2019 11:33:00

The outlook of a tighter supply fuelled by the growing tensions in the Middle East and OPEC’s constant commitment to cut output supported oil prices on Tuesday. Meanwhile, gains were capped by the lengthy U.S.-China trade dispute and its bearish impact on the global economic growth. Brent crude price edged higher by 0.3% to 72.18 USD/bbl, while WTI futures were only 0.1% up at 63.13 USD/bbl.


Serbia aims to complete Bulgaria-Hungary gas link by Dec 18 - energy min

22/05/2019 08:48:00

Serbia plans to complete the construction of a natural gas pipeline from the border with Bulgaria to the border with Hungary by December 18, energy minister Aleksandar Antic said on Tuesday.


Zennor completes North Sea wells

22/05/2019 08:36:00

Independent UK oil and gas firm Zennor Petroleum announced Tuesday the completion of drilling and testing operations at the Finlaggan field in the North Sea, Kallanish Energy reports.