The consortium of two Chinese companies has been selected for the construction and commissioning of the Korlat photovoltaic power plant, with the project set for completion by April 23, 2028. HEP has already secured a €31.6 million loan from the European Bank for Reconstruction and Development (EBRD) for this power plant, reports tportal
The tender for the construction of the 99MWp Korlat photovoltaic power plant, valued at €59.96 million, was won by a consortium of two Chinese companies—Shandong Electric Power Engineering Consulting Institute and China North Industries Group International Corporation (Norinco), as revealed by the EBRD.
Under the signed contract, the companies are responsible for engineering, procurement, construction, testing, and commissioning of the facility, with a deadline of April 23, 2028. To support the project, EBRD has granted a €31.6 million loan to the Croatian national electricity company HEP for the financing of construction and commissioning, according to Poslovni dnevnik.
The Korlat solar power plant is part of a larger energy complex in northern Dalmatia, which also includes a 58-megawatt wind power plant of the same name. The expected annual output of the Korlat photovoltaic power plant is 165 million kilowatt-hours, sufficient to supply approximately 50,000 households. In the next phase, the site will also see the installation of an energy storage battery system and an additional 40-megawatt solar power plant.
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Publish date : 2025-02-21 00:47:00
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