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January 4, 2022

Korlat Solar PV Park, Croatia

By Carmen

Korlat Solar PV Park is a 95MW solar PV power project. It is planned in Zadar, Croatia. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 95 95 Announced Zadar, Croatia Hrvatska Elektroprivreda

Description

The project is being developed and currently owned by Hrvatska Elektroprivreda.

Korlat Solar PV Park is a ground-mounted solar project which is planned over 185 hectares.

The project cost is expected to be around $70.86m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Hrvatska Elektroprivreda

Hrvatska Elektroprivreda dd (HEP) is an energy utility. Through its subsidiaries and affiliates, the company generates, transmits, distributes and sells electricity and thermal energy; and distributes and sells natural gas on wholesale and retail basis. It produces electricity using hydro, crude oil, coal, natural gas, wood biomass and nuclear sources; and procures energy from market suppliers and repurchases from HROTE. HEP carries out trade mediation on the domestic and international markets, including sale for public service user needs, gas trade, gas supply and provision of trading services. The company serves public, commercial and residential customers across Europe. It has electricity generation and heat production plants in Osijek, Zagreb, and Sisak, among others. HEP is headquartered in Zagreb, Croatia.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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