Factsheet for measure
HR-2024-43/3586
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Updated
– measures in Croatia
Korlat Solar Power Plant
Izgradnja Sunčane elektrane Korlat
Background information
Hrvatska elektroprivreda d.d. (HEP) is a national producer and distributor of electricity. HEP in 2023 had only 7% of the total available electricity in the amount of 22 terawatt hours from renewable sources; if hydro potential is not counted. Hydropower plants had a share of 34%, thermal power plants 21%, and nuclear power plant Krško 12%. To increase the share of renewable energy sources, the company concluded agreements with the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) on financing the construction of Korlat Solar Power Plant. The total value of both loan agreements is €62 million, of which €31.62 million is the EBRD loan, and €30.38 million is the EIB loan. Following the decision of the Government of Croatia, the loans are secured by a state guarantee covering 80% of their total value.
Content of measure
Korlat Solar Power Plant is the largest solar power plant project in Croatia. The installed capacity of the power plant will be 99 MW (megawatts), and the connected capacity will be 75 MW. In addition to the existing wind farm at a location near the village of Korlat, about seven kilometers from Benkovac, which has been in operation since 2021. The Solar Power Plant Korlat will form a renewable hybrid energy park. The Solar Power Plant Korlat project includes the construction of a solar power plant on an area of about 150 hectares, the infrastructure for the connection to the 110 kV transmission network, and the ancillary facility for storage and management of the energy park.
Updates
The following updates to this measure have been made after it came into effect.
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22 November 2025
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Energy Park Korlat (Energetski park Korlat - EPK) is a hybrid energy facility located within the Ravni Kotari area in northern Dalmatia. It consists of the Korlat wind power plant and the Korlat solar power plant, which is planned to be connected to the 110 kV transmission network. According to the monthly report for September 2025, the current works of the Korlat Energy Park relate to the construction of the Korlat solar power plant, an auxiliary control building, and other necessary structures. The contractor has completed most of the construction works within the facility and has delivered the required electrical equipment to the site. The installation and connection of electrical equipment inside the building have begun. A portion of the steel structure has also been installed in and around the transformer pit. The works are being carried out in accordance with the specified requirements. According to the monthly report for September 2025, several random internal inspections were conducted during this month to identify deviations from requirements and deficiencies in occupational health and safety measures as well as environmental protection practices. No significant deviations from occupational safety rules or professional standards in the applied technological processes were found. Furthermore, no incidents or potentially dangerous events were recorded or reported. The contractor maintains an active security service on-site and internal supervision related to worker and environmental protection.
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15 August 2025
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Croatian Prime Minister Andrej Plenkovic visited the construction site of the Korlat solar project in Korlat, Croatia. This was a groundbreaking ceremony for Croatia's largest photovoltaic power project. Croatian PM expressed hope that the Korlat solar project would significantly boost regional economic development, create jobs, improve livelihoods, and support Croatia's energy transition and green development. The project is scheduled to be connected to the grid in April 2026. Upon completion, it is expected to generate 165 million kilowatt-hours of green electricity annually, meeting the electricity needs of approximately 50,000 households, while also reducing carbon dioxide emissions by 150,000 tons per year.
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Use of measure
Construction work on SPP Korlat is expected to begin in the first quarter of 2025, and the power plant could be put into operation during 2026. The expected annual generation of the Solar Power Plant Korlat of 165 million kilowatt hours of green electricity will be sufficient for the supply of around 50 thousand households. The loan repayment period is 15 years in the case of the EBRD and one year longer in the case of the EIB.
Contents
Target groups
Actors and funding
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Actors
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Funding
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National government
Company / Companies
Other social actors (e.g. NGOs)
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Companies
European Funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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No involvement as case not in social partner domain
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No involvement as case not in social partner domain
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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No involvement
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Main level of involvement: Company level
Involvement
Due to the nature of the measure, social partners were not involved.
Views and reactions
Social partners in Croatia are fully aware of the importance of the green transition and environmental sustainability aligns with economic growth and social equity.
Sectors and occupations
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This case is sector-specific (only public sector)
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Economic area
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Sector (NACE level 2)
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D - Electricity, Gas, Steam And Air Conditioning Supply
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D35 Electricity, gas, steam and air conditioning supply
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This case is not occupation-specific.
Sources
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21 October 2024: Construction of Solar Power Plant Korlat (Izgradnja Sunčane elektrane Korlat)
(www.hep.hr)
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15 May 2025: the Korlat solar project
(www.tportal.hr)
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09 October 2025: Monthly report for Energy Park Korlat (Mjesecni izvjestaj za Energetski park Korlat)
(www.hep.hr)
