The project is led by Norinco International, a company overseeing the development, with construction expected to be completed within one year. The initiative, supported by an investment of approximately €100 million ($113.2 million), is projected to generate 200 GWh of electricity annually for 30 years once operational. This output is anticipated to contribute significantly to the region’s energy supply.
According to the Stolac administrative government: “The city will earn between BAM 3 million ($1.7 million) and BAM 4 million annually in its budget through concessions and utility fees once the project is completed.” These funds are expected to support local infrastructure and community development.
As of the end of 2024, Bosnia and Herzegovina’s total solar capacity remained at 212 MW, unchanged from the previous year, based on data from the International Renewable Energy Agency (IRENA). The new solar plant in Komanje Brdo will add substantially to this capacity, reinforcing the country’s commitment to renewable energy.
In a related development, the European Bank for Reconstruction and Development (EBRD) initiated a tender in April 2024 for three additional solar plants with a combined capacity of 28 MW. Interested developers have until May 26, 2025, to submit their applications, further indicating the country’s efforts to expand its renewable energy infrastructure.