A €37 million wind power plant, a project of the Slovenian energy company Petrol, with a capacity to produce electricity for more than 30,000 households, was officially inaugurated near Knin on Tuesday.
Slovenian crew starts 30MW Croatian wind renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
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(Bloomberg) Slovenian fuel retailer Petrol DD, which runs the largest chain of filling stations in the Alpine country, is turning to renewable energy as a drop in gasoline prices during the coronavirus pandemic is spurring it to seek growth opportunities outside the oil industry.
Slovenia’s biggest company by revenue is making electric energy the cornerstone of a new five-year strategy that also includes developing solar and wind technology, said management board members Matija Bitenc and Joze Bajuk. It’s planning to invest 700 million euros ($842 million) in that period, while profit is targeted to grow more than 70% to 180 million euros.