HEP Investing 45 Million Kuna in Solar Power Plant on Cres

Lauren Simmonds

The Orlec Trinket will be built on the beautiful island of Cres, with work beginning in 2020.

As Josip Bohutinski/VL/Poslovni Dnevnik writes on the 29th of June, 2018, Primorje-Gorski Kotar County, the Sv. Jeronima Franciscan Monastery of St. Frane – Cres and HP signed a cooperation agreement on the solar power plant (SE) Orlec Trinket project on the stunning island of Cres in Zagreb recently.

The agreement was signed by the deputy prefect of Primorje-Gorski Kotar County Marina Medarić, the Guardian of the Monastery of St. Frane – Cres, Zdravko Tuba, and Frane Barbarić from HEP itself.

SE Orlec Trinket 6.5 MW will be the first unintegrated solar power plant from HEP, which currently boasts nine integrated solar power plants installed on the company’s buildings. SE Orlec Trinket will be the largest solar power plant in Croatia, and will produce about 8.5 GWh of electricity annually, corresponding to the consumption of approximately 2,000 households.

“I’m particularly pleased that this power plant will contribute to the strengthening of the infrastructure in the function of tourism development on Cres and on Lošinj, because it will produce the most energy when it’s most needed – during periods of increased consumption such as during the tourist season,” said HEP’s Frane Barbarić before stressing the fact that although the power plant was not in its incentive system, HEP estimated the project to be worthwhile and decided to take over, thus giving a positive example and incentive to other potential investors in solar power plants.

SE Orlec Trinket East will be built at a location of seventeen hectares in the Orlec settlement on the island of Cres. Total investment costs on the realisation of this project have been estimated to stand at about 45 million kuna. The monastery, however, has pledged the land to be under its ownership, on which HEP will be allowed to build for a further 25 years. the competent county will provide HEP with a permit for the construction of the power plant, thus making HEP the sole project holder. SE Orlec Trinket itself should begin being worked on in the year 2020.

Otherwise, this is the first HEP project under their planned cycle of independent development, and acquisition of projects for the construction of unintegrated solar power plants.

The company states that the development of solar power plants, as well as other types of power plants that use other renewable energy sources, primarily wind power plants, are part of HEP’s development strategy, which plans to increase the share of renewable energy sources in the HEP Group’s electricity generation to 50 percent by 2030, and to an impressive 70 percent by 2050.


Click here for the original article by Josip Bohutinski/VL for Poslovni Dnevnik


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