The Municipality of Ravno recently concluded two contracts for the construction of wind farms and solar power plants near the settlement of Ivanica, for a period of 30 years.
The value of the investments is around 100 million euros, both for one and for the other contract.
The companies Ventus industria, a partner of the German company WPD, and Winter Wind Tomislavgrad, a company from the Feala concern in Sirokibrije, applied for these contracts.
The Municipality of Ravno says that they are now in the phase of obtaining the necessary documents and permits, and the wind farm and solar power plants should start producing electricity within five years.
