The estimated value of the new photovoltaic (PV) plant, SE Korlat, is some HRK 480 million (EUR 64.6 million), HEP said in a statement during the weekend, without providing a timeframe for the project’s implementation, news outlets including Total Croatia and SeeNews reported.
The PV plant will be built adjacent to the 58 MW Korlat wind farm, which is expected to be commissioned in August 2020, HEP said.
The companyʼs other PV projects include SE Vis, which is under construction, and SE Cres and SE Vrlika Jug, whose construction is expected to start soon.
According to its renewable energy strategy, HEP plans to raise the share of green energy in its portfolio from the current 6,000 GWh to 9,000 GWh by 2030.