A partnership of Chinese companies is making the largest investment in renewable energy in Bosnia & Herzegovina’s history, with plans to build a US$ 145 million wind park in the country’s Herceg-Bosna Canton, near the town of Livno.
Named the Ivkovik wind park, the investment is led by China National Technical Import & Export Corporation and Powerchina Resources. Project construction is expected to commence in 2022.
If operating at full capacity, the Ivkovik wind farm, comprising a total of 42 turbines, will generate 236.6 GWh per year. B&H’s average annual electricity consumption is about 12,000 GWh. Currently, 68% of B&H’s electrical energy is produced by coal-fired power plants, with another 31% coming from hydropower.