German renewables developer wpd said that it has signed a Memorandum of Understanding (MoU) and concession agreements with the Government of the Herzeg-Bosnia Canton for the construction of two wind farms.
The two wind farms in question are Cadilj and Marino Brdo, with combined installed capacity of 264 MW. The projects will be developed and operated by local subsidiary Vjetroelektrane Dah Planine. Financial details of the projects were not disclosed.
138 MW wind farm Cadilj will be built in Glamoc municipality, while 126 MW Marino Brdo wind farm will be located in Bosansko Grahovo municipality.
The one off concession fee for the first wind farm is around 31,000 euros and for the second one – around 28,000 euros. The concessionaire will also pay the annual amount of 1.75 % of electricity production for both wind farms. The concessions are valid for a period of 30 years.
In 2019, wpd Adria said that it is planning to invest 1.5 billion euros in the construction of wind farms with combined installed capacity of 1.2 GW in Croatia and Bosnia and Herzegovina (BiH). The company that it is in the process of obtaining permits for wind measuring points in the areas near Livno, Glamoc and Bosansko Grahovo in BiH, while the permit for Knin area in Croatia has already been issued. Wpd is planning to build wind farms with total output of 900 MW in BiH and 300 MW in Croatia. The construction should start in three to four years and are expected to be completed by 2030.