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Renewable Energy

The company KAMEN-DENT d.o.o. was founded in Mostar, Bosnia and Herzegovina for the development of renewable energy projects and is entitled to concession for wind power exploitation (about 400 MW) in the area of Tomislavgrad and Kupres in Livanjska County, Federation of Bosnia and Herzegovina.

The company BRODOGRAĐEVNA INDUSTRIJA SPLIT D.D. has entered a joint venture with the private owner of KAMEN-DENT. BRODOGRAĐEVNA INDUSTRIJA SPLIT D.D. is registered in Split, Croatia and is the largest Croatian shipyard. BRODOSPLIT is in the process of restructuring (monitored by the European Commission and the Government of the Republic of Croatia) and was privatized in March 2013 by a private company - DIV d.o.o. During the restructuring process  it is planned to invest in renewable energy projects and to expand wind turbine towers production for which BRODOSPLIT already has good references.

The wind measurement campaign is carried out over a number of years, and the energy production estimation is carried out by leading consultant in the wind industry, DNV-GL GH (Garrad Hassan). The company is currently developing three wind farm projects, each with a planned installed capacity of 48 MW.  The expected total amount of the investment is around EUR 200 million.

The first and most developed project is Wind Power Plant Kupres, located in the first group of wind power plants with the possibility to connect to the network in Bosnia and Herezegovina. Estimated net annual production (AEP) is approximately 135 GWh. The expected guaranteed price for eligible producers is 75 EUR / MWh. So far all land issues regarding the project have been solved and all documentation for permits has been prepared and submitted. Financial plan and development activities are planned to be completed by the end of 2018, the construction is scheduled to begin in 2019, while the start of operation  is intended for 2020.

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