More than half of Bosnia and Herzegovina’s electricity generation capacity is made up of hydropower, while the remainder comes from lignite power plants (47.6% of the total installed generation capacity) and wind farms.
This investment project will develop a 132 MW wind farm in the West Herzegovina Canton, contributing to the country’s renewable energy goals and reducing reliance on coal. The wind farm is expected to produce 436 GWh/year of electricity, equivalent to the energy demand of 72,700 households, and displace 446,900 tonnes of CO2 annually.
The EU has provided technical assistance for project preparation and co-funds the investments under Flagship 4 - Renewable energy - of the Economic and Investment Plan for the Western Balkans through the WBIF.
WBIF | Grant | WB5-BIH-ENE-05 | € 380,000 |
EIB | Loan | € 75,000,000 | |
National Contribution | Own Contribution | € 6,246,400 | |
KFW | Loan | € 75,000,000 | |
WBIF | Grant | WB-IG08-BIH-ENE-02 | € 43,665,747 |
Total | € 200,292,147 | ||
Total Grants | € 44,045,747 | ||
Total Loans | € 150,000,000 |