Bulgaria: NEK to add...

Bulgarian state-owned power utility, the National Electricity Company (NEK), plans to install a...

Bosnia and Herzegovina: Challenges...

Coal-fired power plants operated by Elektroprivreda Republike Srpske (ERS), a utility based in...

Bulgaria: Local gas production...

Bulgaria's Energy Minister, Zhecho Stankov, has emphasized that domestic natural gas production would...

Slovenia installs 298.8 MW...

According to the Slovenian Photovoltaic Association, Slovenia installed 298.8 MW of solar capacity...
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Bosnia and Herzegovina: Energoinvest signs €660,000 contract for solar power equipment, embraces renewable energy transition

Last week, Bosnian company Energoinvest secured a contract worth approximately €660,000 for the delivery of equipment for solar power plants. This deal marks not only a significant commercial achievement but also a meaningful shift towards sustainable development and renewable energy.

The announcement comes just 10 days after Energoinvest signed a cooperation agreement with the German firm Wattkraft, reinforcing the company’s commitment to actively participating in the energy transition and renewable energy sector.

Energoinvest CEO Mirza Ustamujic highlighted the challenges posed by the current business model, which makes the company vulnerable to market fluctuations. He emphasized that this project, along with strategic partnerships in the energy transition field, opens new revenue streams and unlocks the company’s potential as an energy provider.

These initiatives not only support sustainable development but also create new job opportunities, allowing local communities to engage in vital future-oriented activities. Energoinvest is responding proactively to modern market challenges while contributing to the global fight against climate change. This contract is just the first step in an ambitious plan for the company to position itself as a key player in the renewable energy landscape.

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