Acciona Energía has secured a 12-year Contract for Difference (CfD) with Croatian energy regulator Hrvatski Operator Trzista Energije (HROTE) for the 189MWp Promina photovoltaic plant, currently under development.
Promina will be built in the province of Sibenik-Knin, in southern Croatia, and will be the largest solar plant in the country when it comes into operation in 2027, Acciona Energia said.
It will consist of more than 300,000 photovoltaic modules that will generate 320GWh of clean electricity per year, equivalent to the demand of some 69,000 homes, which will prevent the emission of around 140,000 tonnes of carbon dioxide per year.
The CfD has been allocated through a competitive public auction as part of a support programme launched by the Croatian government and HROTE, and approved by the European Commission.
As part of the project, Acciona Energía will also build a new 400kV interconnection substation at the project site to inject the energy into the national transmission grid.
In addition, Promina’s solar plant will be part of Acciona Energía’s Social Impact Management programme, which reinvests a part of the annual income of its facilities to improve training, well-being and environmental management of the communities where it operates.
Promina represents a further step in Acciona Energía’s commitment to the Croatian renewable market, said the developer, and joins the wind projects under construction in Opor (27MW) and Boraja 2 (45MW), and the Jelinak wind complex (30MW), which the company has been operating in Croatia since 2013.
Once these projects are completed, Acciona Energía is expected to be the main producer of clean energy in the country, with around 8% of the total installed renewable power and 20% of the installed solar power.