The Memorandum of Understanding (MoU) for cooperation on developing a solar power plant was signed with Investment Group Balkan municipality of Sokolac in the Republic of Srpska (RS). The MoU is related to a potential investment in the construction of 60 MW solar power plant, located in the area of the village of Breakovici.
Mayor of Sokolac Milovan Bjelica said that the municipality carried out consultations with the competent RS Ministry, as well as a representative of the Independent System Operator in Bosnia and Herzegovina (NOSBIH), which has been managing the power transfer system since 2005 and which previously prepared a feasibility study which determined the potential for the construction of two solar power plants in the Sokolac area, one of 60 MW and the other of 80 MW. He said that the potential investment in the plant is over 100 million euros, adding that the municipality is not planning to sell the land on which the plant will be built, but to lease it.
Last year, local company RSV Energy said that is planning to invest some 36 million euros in the construction of the largest solar power plant in BiH, near Bosanski Petrovac in northwestern part of the country. The Ministry of Economy of the Una-Sana Canton said that the agreement for the construction of this solar power plant with installed capacity of 47 MW, that will stretch over an area of some 80 hectares, is expected to be signed with RSV Energy by the end of the year. RSV Energy already commissioned one solar power plant in BiH, albeit much smaller – 150 kW plant in the municipality of Bosanski Petrovac, with annual generation of 219 MWh of electricity.