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Turkish energy company Europower Enerji has won a renewable energy project worth about €26.9 million ($30.6 million) in Bosnia and Herzegovina after emerging as the preferred bidder in a tender backed by the European Bank for Reconstruction and Development (EBRD).
The company submitted the most advantageous offer for the Gracanica Solar Power Plant, Substation and Transmission Line Project, launched by Bosnia and Herzegovina's state-owned electricity utility EPBiH, according to the statement on Tuesday.
The project covers the turnkey construction of solar power plants, a transformer substation and a transmission line. Under the contract, Europower will build two solar power plants with a combined installed capacity of 50 megawatts direct current (DC), alongside a 110/20 kV transformer substation and a 110 kV transmission line.
The EBRD-financed investment is expected to rank among the key projects supporting Bosnia and Herzegovina's shift toward cleaner energy sources, according to the company.
Once completed, the facilities are projected to generate around 67.75 gigawatt-hours of clean electricity annually, enough to meet the power needs of roughly 22,000 households. The project is also expected to help prevent more than 40,000 tons of carbon emissions each year.
Behic Harmanli, chairperson of Turkish energy infrastructure group Girisim Elektrik, which controls Europower Enerji, said Turkish engineering firms are increasingly winning international contracts as renewable energy and grid investments accelerate across Europe.
"Energy transformation is no longer evaluated only from the generation side. It is increasingly linked to transmission infrastructure, grid modernization and integrated engineering solutions," Harmanlı said.
He described the Bosnia and Herzegovina project as an important milestone demonstrating Europower Enerji's capabilities in EPC services, high-voltage systems, and energy infrastructure projects on an international scale.
Founded in 2009, Europower Enerji designs and manufactures electrical infrastructure equipment ranging from switchgear and substations to transformers and automation systems.
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