Slovenian Petrol Group Enters Solar Power Market in Croatia with Portfolio of 22 MW Photovoltaic Projects
/LONDON, February 18, 2022, 11:30 GMT, RENEWABLE MARKET WATCHTM/ Slovenian Petrol Group will invest in solar PV power plants in the Knin area of Croatia. These are three large solar power plants with a total installed capacity of 22 MW and the expected electricity generation capacity of 29 GWh as the projects completed permitting development in 2021. The solar power plants, whose total investment value is estimated at EUR 17 million, will start generating power at the beginning of 2023.
The three separate solar PV power plants are Suknovci with 10 MW of installed capacity, Pliskovo with 6.3 MW of installed capacity, and Vrbnik with 5.7 MW of installed capacity. All are located in the Šibeniško Kninska County in Croatia.
The Petrol Group (Petrol d.d.) aims to become a critical link in a broader ecosystem by offering energy sources adapted to and co-shape the market. Therefore, renewable electricity generation holds a special strategic place in Petrol’s decision to become a modern sustainability-oriented energy company, and it is one of the key activities for the Petrol Group’s future development. The commitment to making a transition to green energy means that, in the strategic period of 2021–2025, the Petrol Group will earmark 35% of its total investment potential of EUR 698 million for investments in energy transition, the majority part of which for investments in energy generation from renewable sources.
Having recognised the need to ensure sustainable, green energy to facilitate the transition to a low-carbon society, the Petrol Group has been present in the field of renewable electricity generation for quite some time now. The Petrol Group currently operates 2 wind power plants, 30 small solar power plants, and 6 small hydropower plants.
The Petrol Group is aware of the increasing need for electricity, and, at the same time, it is committed to reducing greenhouse gas emissions, which is why it intensively developed and invested in electricity generation from wind power plants and small hydropower plants in 2021.
The more information and answers to your questions about the Croatian Solar Power market and related content, you may read here: Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2021÷2030
To download the executive summary brochure with sample pages for the Croatian solar power market, please access from here: Western Balkans Solar Photovoltaic (PV) Power Market Outlook - Sample
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