The first large solar power plants in Croatia could start working this year in Povljane, the southern part of the island Pag. It is a perspective large scale solar powerÂ plant construction project due to its location and Povljane already has been incorporatedÂ in regional plans. The Zadar Canton confirmed that this is a project of theirÂ interest
The first large solar power plants in Croatia could start working this year in Povljane, the southern part of the island Pag.
It is a perspective large scale solar powerÂ plant construction project due to its location and Povljane already has been incorporatedÂ in regional plans. The Zadar Canton confirmed that this is a project of theirÂ interest as well.
The Ministry has already issued the investorsÂ all the necessary documentation required for obtaining a building permit.Â Moreover, relevant ministries and local communities will cooperate in thisÂ project. This 3.8-megawatt power plant will be built by Jadran lux.
The expertsÂ have assessed the investment to be three to four million per MW, it is expectedÂ that the total construction investment will be between 11 and a little bit overÂ 15 million Euros. So far, five small photovoltaic power projects totaling 62Â kilowatts were built in Croatia. Germany is the worldâ€™s leader in solar energy,Â however, there were 12,000 PV systems built in the Czech Republic and accordingÂ to the plan another 5,000 will be built this year.
“Such a rapid investment in theÂ exploitation of solar energy has enabled the introduction of Feed-in tariffs for
electricity produced from these systems and the declining cost of theirÂ construction”, explains Tomas Kuhta from the Czech Embassy in Croatia.Â This has enabled investors large profits and return on investment for three toÂ four years. However, the Czech power system due to technical reasons could notÂ bear so much solar power so they had to stop their rapid spread. “TheÂ Czech Republic introduced a 20% tax on profits from such projects which caused
the return on investment extension to 11-12 years and reduced theÂ attractiveness of such investments”, says Kuhta.
Croatia’s interest in investing in renewableÂ energy has significantly increased since the introduction of subsidies that allÂ investors first 12 years provide guaranteed purchase of all electricityÂ produced at much higher prices than regular. The money for the Feed-in tariffs areÂ collected from the fee of half a penny per kilowatt hour spent by theÂ electricity bills paid by all consumers. Croatia plans to produce 20% of itsÂ energy by 2020 from renewable energy sources and according to a national energyÂ strategy the total capacity of renewable sources needs to be 1,545 megawatts.
Ministry of Economy has registered 220 solarÂ energy projects so far, from which they previously approved the 87 which amongÂ them are the four projects of building solar power plants with total power ofÂ 170 megawatts. The greater use of solar energy and other renewable sources,Â according to which Croatia claims professionals has great potential that willÂ facilitate the announced streamlining a lot of complicated administrativeÂ procedures to obtain necessary approvals and permits. A significant increase inÂ quotas by the end of the year should be passed and the law on renewable energyÂ sources.
“This will guarantee subsidized purchaseÂ price of electricity and all ongoing developments of more efficient
technologies in order to increase the profitability of such investments will contributeÂ and to encourage investors from the state budget, the Fund for EnvironmentalÂ Protection and Energy Efficiency, regional agencies and other sources,”Â said Igor Raguzin from Ministry of Economy.