Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

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Bosnia and Herzegovina, Chinese investors launched the construction of Ivovik wind farm

Chinese investors – China National Technical Import & Export Corporation and Powerchina Resources has officially launched the construction of Ivovik wind farm.

The future wind farm will have installed capacity of 84 MW, while the investment in its construction is estimated at 130 million euros. It will be located in the area between Tomislavgrad and Livno.

Last year, the Government of the Federation of Bosnia and Herzegovina (FBiH) has adopted information on activities in the process of issuing the energy permit and has given the Federal Ministry of Energy, Mining and Industry prior approval in the process of issuing this permit to local company VE Ivovik for the construction of the Ivovik wind farm, with an installed capacity of 84 MW (42 × 2 MW) and planned annual electricity production of 236 GWh.

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