The Government of the Republic of Srpska has terminated its contract with Chinese Zhongbo Group and China Power PTE from Singapore, who were previously selected to develop the Trebinje wind farm. The concession for the construction and operation of the project was valued at more than 750 million euros.
In their place, the Government has authorized Energy and Mining Minister Petar Djokic to sign a new agreement with Chinese Zhongji Construction and Zodic Energy PTE from Singapore. Zhongbo Group and China Power PTE formally informed the authorities on September 23 that they were withdrawing from wind and solar projects in the Republic of Srpska, citing internal reorganization and a shift in investment policy as reasons for their withdrawal.
As a result, the Government has annulled its earlier decision to award the Trebinje concession through direct negotiations, which had been planned for China Power PTE. The project had envisioned a 537.5 MW wind farm capable of generating about 1,270 GWh of electricity annually—around 10 percent of Bosnia and Herzegovina’s total electricity consumption—under a 30-year concession.
The new partners, Zhongji Construction and Zodic Energy, are also active in renewable energy development. Zodic Energy was established in March this year to oversee international projects. Government representatives emphasized that the Republic of Srpska has significant untapped wind and solar potential and should expand its renewable energy share. Studies indicate that eastern Herzegovina offers particularly favorable conditions for such projects. The new investors have proposed an initial wind facility of approximately 500 MW in the Trebinje area.