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The photovoltaic (PV) industry in Croatia has been steadily growing, driven by the country’s commitment to renewable energy and its favorable climate, with high solar irradiance along the coast and inland areas. Croatia aims to increase the share of renewables in its energy mix, aligning with EU climate goals to achieve carbon neutrality by 2050. The country’s geographical location makes it an ideal site for solar energy projects, particularly in regions like Split-Dalmatia, which receives up to 1,500-1,700 kWh/m² of solar radiation annually.
Historically, Croatia’s PV market was relatively small, but recent policy shifts have encouraged more investment in the sector. The introduction of feed-in tariffs (FiTs), subsidies, and a simplified permitting process has supported the development of solar projects. As a result, several large-scale PV plants have been proposed or are under construction, including projects ranging from 10 to 50 MWp.
The Croatian government’s National Energy and Climate Plan (NECP) outlines an increase in installed solar capacity to help meet the country’s renewable energy targets. Additionally, the European Union’s Green Deal provides financial backing, further incentivizing international and local investors to explore the country’s solar potential.
Challenges remain, including regulatory bottlenecks and grid connection issues, but the future looks promising for the PV industry in Croatia.
Keypoints
Project Capacity: 25 MWp (DC), with a connection to 20 MW (AC).
Location: A 25-hectare state-owned land under a long-term government lease (up to 50 years).
Grid Connection: 110 kV TS connection requiring an 8 km line to be constructed at an estimated cost of €900,000.
Production Estimates: About 1470 kWh/kWp, with an 80% performance ratio.
Development Stage: Energy permit completed, environmental impact assessment (EIA) completed, and grid connection study finished. The grid and building permits are expected by Q3 2025.
Business Opportunity: The project company or SPV is available for investor buyout, with pricing for the current or RTB (ready-to-build) phase ranging from €930,000 to €1,280,000.
The photovoltaic (PV) industry in Croatia has been steadily growing, driven by the country’s commitment to renewable energy and its favorable climate, with high solar irradiance along the coast and inland areas. Croatia aims to increase the share of renewables in its energy mix, aligning with EU climate goals to achieve carbon neutrality by 2050. The country’s geographical location makes it an ideal site for solar energy projects, particularly in regions like Split-Dalmatia, which receives up to 1,500-1,700 kWh/m² of solar radiation annually.
Historically, Croatia’s PV market was relatively small, but recent policy shifts have encouraged more investment in the sector. The introduction of feed-in tariffs (FiTs), subsidies, and a simplified permitting process has supported the development of solar projects. As a result, several large-scale PV plants have been proposed or are under construction, including projects ranging from 10 to 50 MWp.
The Croatian government’s National Energy and Climate Plan (NECP) outlines an increase in installed solar capacity to help meet the country’s renewable energy targets. Additionally, the European Union’s Green Deal provides financial backing, further incentivizing international and local investors to explore the country’s solar potential.
Challenges remain, including regulatory bottlenecks and grid connection issues, but the future looks promising for the PV industry in Croatia.
Keypoints
Project Capacity: 25 MWp (DC), with a connection to 20 MW (AC).
Location: A 25-hectare state-owned land under a long-term government lease (up to 50 years).
Grid Connection: 110 kV TS connection requiring an 8 km line to be constructed at an estimated cost of €900,000.
Production Estimates: About 1470 kWh/kWp, with an 80% performance ratio.
Development Stage: Energy permit completed, environmental impact assessment (EIA) completed, and grid connection study finished. The grid and building permits are expected by Q3 2025.
Business Opportunity: The project company or SPV is available for investor buyout, with pricing for the current or RTB (ready-to-build) phase ranging from €930,000 to €1,280,000.
Description
The photovoltaic (PV) industry in Croatia has been steadily growing, driven by the country’s commitment to renewable energy and its favorable climate, with high solar irradiance along the coast and inland areas. Croatia aims to increase the share of renewables in its energy mix, aligning with EU climate goals to achieve carbon neutrality by 2050. The country’s geographical location makes it an ideal site for solar energy projects, particularly in regions like Split-Dalmatia, which receives up to 1,500-1,700 kWh/m² of solar radiation annually.
Historically, Croatia’s PV market was relatively small, but recent policy shifts have encouraged more investment in the sector. The introduction of feed-in tariffs (FiTs), subsidies, and a simplified permitting process has supported the development of solar projects. As a result, several large-scale PV plants have been proposed or are under construction, including projects ranging from 10 to 50 MWp.
The Croatian government’s National Energy and Climate Plan (NECP) outlines an increase in installed solar capacity to help meet the country’s renewable energy targets. Additionally, the European Union’s Green Deal provides financial backing, further incentivizing international and local investors to explore the country’s solar potential.
Challenges remain, including regulatory bottlenecks and grid connection issues, but the future looks promising for the PV industry in Croatia.
Keypoints
Basic Details
Target Price:
TBD
Business ID:
L#20240748
Country
Croatia
Detail
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