Page 36 - InterEnergo - Annual Report 2020
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Interenergo                       Business report                                                                      Interenergo                       Business report

            Production of electricity                                                                                              Units in operation                                 from renewable sources, both locally and in the
                                                                                                                                                                                      wider environment. We want to contribute to climate
                                                                                                                                   In  the  field  of  hydropower,  our  subsidiary  in   protection and transition to a green and digital future
            Electricity produced by the Group in GWh           Electricity produced by the Company in GWh                          Montenegro completed the construction of the       of energy.
            in the years 2016–2020                             in the years 2016–2020                                              HPP Vrbnica with a nominal capacity of 6.8 MW,
                                                                                                                                   and our Serbian subsidiary acquired a 100% stake   The portfolio of solar power plants in Slovenia
                                                                                                                                                                                      remained unchanged. The total nominal capacity of
                                                                                                                                   in Hydro Ljutina, d.o.o., which operates two small
                                                                                                                                   hydropower plants on the Ljutina River in Serbia, with   the Group’s solar power plants was 2.86 MW on 31
                                                                                                                                                                                      December 2020, producing 2.8 GWh of electricity
                                    153.1                                     3.0      3.0                                         a production capacity of 1.84 MW. With these new   this year.
                                                                                                                                   acquisitions, our Group is increasing our portfolio
                                             138.5                                              2.9                                of small hydropower plants and our reputation      Units in development
                                                                                                                                   as a professional and reliable company. With our
                                                      121.1                                              2.8                       knowledge base and employees, we enable optimal    In the coming years, the Interenergo Group has a
                                                                                                                                   operation of hydroelectric power plants, which we
                                                                                                                                   regularly maintain for optimal electricity production.   plan for several projects in the field of solar energy
                                                                                                                                                                                      at home and abroad. In Slovenia, we will develop
                                                                     2.5                                                           As of 31 December 2020, the Group had 16 operating   several solar power plants and build at least two
                                                                                                                                   production units in the Balkans with a total nominal   with a nominal capacity between 3 and 5 MW in
                                                                                                                                   capacity of 58.84 MW.                              the years 2021/2022. Two solar power plants in
                  43.9                                                                                                             In the field of wind energy, the production capacity   Croatia are under development with a total installed
                                                                                                                                                                                      capacity of 15 MW and the planned start of operation
                                                                                                                                   of electricity generation facilities in our Group
                           40.6                                                                                                    increased by 10.25 MW. In cooperation with the     in 2021/2022. We also plan to develop solar power
                                                                                                                                   parent Group, we took over a 100% stake in the     plants in the Balkans, one in North Macedonia with
                                                                                                                                   company Vjetroelektrana Orjak, d.o.o., which will   10 MW, and the other in Serbia with 5 MW of installed
                                                                                                                                   now be managed by Interenergo Group. The wind      capacity.
               2016     2017     2018     2019     2020           2016     2017     2018     2019     2020                         farm, which comprises five windmills, is located near   In the field of wind farms, the capacity of the Jasenice
                                                                                                                                   Split in Croatia and produces 25 GWh of electricity   wind farm in Croatia, which was built in 2019, will
            Prevention of CO₂ emissions through production     Number of trees needed to absorb the saved                          annually and supplies around 7,000 households      be expanded in 2021. In North Macedonia we will
            from RES in tons                                   emissions                                                           with clean energy. This is our second wind project   develop a wind farm with 30 MW of installed capacity,
                                                                                                                                   in Croatia.                                        construction is expected to begin in 2021. We are

                                                                                                                                   In 2020, we intensively developed wind projects in   also planning the development of two wind farms
                                                                                                                                   Bosnia and Herzegovina and North Macedonia. Our    in Slovenia and the acquisition and development of
                    2019                     2020                                               2020                               development and investments are part of a strategy   a 50 MW wind farm in the Federation of Bosnia and

                                                                                                                                   aimed at strengthening the production of electricity   Herzegovina.
                  47,622                   46,018                                          1,380,540

            The electricity produced by the Interenergo Group in   We are constantly strengthening and expanding the
            2020 was 121.1 GWh, which is 13 percent less than in   range of projects for which we perform feasibility
            2019, despite the low hydrology and the approximate   analyses. In 2020, we invested mainly in hydro and
            25% drop in planned quantities. By investing in    wind energy projects, and we actively researched
            development projects for the production of electricity   the market of solar projects in the field of solar
            with associated companies, headquartered in eight   energy, especially in Croatia and North Macedonia.
            countries across Europe, Interenergo pursues       We continued to digitize maintenance processes and
            its core values of environmental friendliness. By   automate operations.
            generating electricity from RES, we saved 46,018
            tons of CO₂ emissions in 2020, which is equivalent
            to the amount absorbed annually by 1,380,540 trees.

            34    Integrated Annual Report 2020                                                                                                                                                       Integrated Annual Report 2020  35
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