Relaks to build 28.2 MW wind project in Posusje

Relaks doo Posusje, a renewable energy developer in Bosnia and Herzegovina, is set to build a 28.2 MW wind farm in the southwestern town of Posusje. 

The EUR35 million (US$39 million) project will consist of eight wind turbines that can generate up to 94 GWh of energy annually for the households in Posusje and neighboring Grude and Ljubiska. 

Relaks has signed a 30-year concession agreement with the Federal Government of Bosnia's West Herzegovina Canton. The company will pay an annual concession fee that is equivalent to 2.5% of the value of all produced energy. 

Currently, Relaks is in the process of acquiring permits for the development of the project.