Bosnia Solar Projects: The EBRD’s Ambitious Solar Initiative in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) recently announced a new tender supporting the development of 28 MW solar projects in Bosnia and Herzegovina. This significant initiative is designed to enhance solar energy production and promote renewable energy growth in the region.
Bosnia Solar Projects: 28 MW Solar Projects Overview
The EBRD is inviting bids from experienced consultants to oversee the design, construction, and commissioning of two solar power plants. This project includes a 20 MW solar plant at the former site of the Stavnja thermal power plant and an 8 MW solar plant at an undisclosed location. The projected cost for this endeavor is estimated at $22.5 million (€21.12 million), with the EBRD providing a substantial $20.5 million (€19.24 million) loan to finance it.
The selected consultant will play a pivotal role in supervising engineering, procurement, and construction (EPC) contracts. Their responsibilities will include reviewing and approving design documents, ensuring compliance with technical specifications, and overseeing the construction and commissioning of the solar plants. Additionally, they will monitor testing and commissioning processes to ensure the plants meet rigorous performance standards.
Bosnia Solar Projects: Boosting Renewable Energy in Bosnia and Herzegovina
This initiative is part of a broader effort by the EBRD to foster renewable energy in Bosnia and Herzegovina. Beyond the two solar plants, the project extends to the development of a 34 MW wind farm, with the EBRD providing a total of $50 million (€46.98 million) in loans for these green energy projects.
The solar plants are expected to generate a substantial amount of clean energy, significantly reducing the country’s dependence on fossil fuels and aiding in meeting its renewable energy targets. This project will also help diminish greenhouse gas emissions, contributing to the global battle against climate change.
Bosnia Solar Projects: Economic and Environmental Benefits
The establishment of these solar power plants will offer numerous benefits, particularly to the local economy, by creating jobs during both the construction and operational phases. The project will supply a steady source of clean energy, reducing the country’s reliance on imported fossil fuels and enhancing energy security.
Environmentally, the benefits are considerable. The solar plants will reduce carbon emissions and help Bosnia and Herzegovina fulfill its commitments under the Paris Agreement. Additionally, this project is expected to positively impact air quality by reducing pollution from traditional power plants.
Bosnia Solar Projects: Tender Details
The EBRD has set a deadline of December 30 for interested consultants to submit their bids, with the contract award anticipated in early 2025. Construction of the solar plants is expected to commence later that year.
The tender is open to international consultants with substantial experience in supervising renewable energy projects. The EBRD has stressed the importance of selecting a consultant with a proven track record in delivering similar projects on time and within budget.
This tender for the 28 MW solar projects is a pivotal move in Bosnia and Herzegovina’s renewable energy development. The EBRD is playing a crucial role in financing and supervising the project, which promises significant economic and environmental benefits for the region.