An integral part of the proposals are the strategic investment project agreements between the government and four firms – with HEC Solar MK for Pehčevo, with Ostro Solar for Stipion, with Mytilineos Heat and Power for the Skopje cogeneration project, and with AIM Green Tech for the photovoltaic plant with gas engines.
The owner of Ostro Solar is French energy company Akuo Energy while Mytilineos Heat and Power was established by Mytilineos from Greece. The adoption of the bills for the three solar facilities, and therefore the implementation of these projects, will not require funds from the budget.
According to the company’s website, HEC Solar MK was founded by Bulgaria-based HEC Solar, established by Vladimir Tabutov, while the CEO is Bojan Tabutov. The owner of Ostro Solar is French energy company Akuo Energy while Mytilineos Heat and Power was established by Mytilineos from Greece.
The investors will sign a power purchase agreement (PPA) with state-owned power utility Elektrani na Severna Makedonija (ESM), the deal stipulates. In the case of Mytilineos, it will be a power and heat purchase agreement. The price is mentioned only in the bill for Stipion – EUR 56 per MWh.
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