Croatia

Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.

The Spanish utility says the 189 MW Promina project, currently under development, will be Croatia’s largest solar farm upon commissioning in 2027.

The auction concluded with an average price of €0.056 ($0.065)/kWh for the PV technology.

Croatian energy market operator HROTE is accepting submissions from developers until June 27 to secure market premium support for 607 MW of renewables projects, including 450 MW of solar.

The Croatian Energy Market Operator (HROTE) has announced a much-anticipated, €257.2 million ($273.5 million) round of renewable energy auctions. It has allocated the biggest quota of 450 MW for solar projects and has set a deadline to award the subsidies by year’s end.

Slovakia’s Janom Investments has announced its first investment in Croatia through a 30 MW solar plant. CEO Andrej Sršeň says the company is now evaluating other projects in the country, with an estimated capacity of more than 200 MW.

The Renewable Energy Sources of Croatia says the country’s total installed solar capacity now stands at 462.5 MW. It says the country will come close to entering the “gigawatt club” by the start of 2025.

Zvonimir Meštrović, head of solar business development at Croatian energy company ENCRO, tells pv magazine that sunny days and an ideal political climate set the Balkan country up to harvest large volumes of solar. However, he says bureaucratic red tape is weighing down the industry.

The Croatian government has adopted bylaws to the Spatial Planning Act that define agrivoltaic installations and the areas in which they can be deployed, in order to facilitate future deployment.

Croatian high-performance EV component supplier and car manufacturer Rimac Technology has developed a novel battery architecture that is said to reduce efficiency losses by up to 50% while decreasing the system footprint by up to 40% compared to current state-of-the-art solutions.