After installing 100,000 solar panels across Serbia, it was a natural next step for MT-KOMEX to expand its operations into the region. With significant experience in constructing solar power plants—more than 200 projects completed and over 100 megawatts of installed capacity—the company strengthened its regional presence by establishing MT-KOMEX BH in Bosnia and Herzegovina.
The complex legal regulations and construction procedures, which vary across the administrative areas of Bosnia and Herzegovina, including the Federation of Bosnia and Herzegovina (BiH) and the Republic of Srpska, pose a significant challenge to all those seeking to build solar power plants. Radoslav Marić, director of MT-KOMEX BH d.o.o, highlights this as a key challenge and emphasizes the need for harmonization of laws and practices in line with regional trends, citing Serbia and Croatia as examples—both of which have adopted laws on the use of renewable energy sources.
“When it comes to business operations, we have chosen to work based on the turnkey principle, which in Bosnia and Herzegovina represents significant support for potential investors. This is precisely the approach MT-KOMEX BH adheres to,” says Marić.
From project design and permit acquisition, to the delivery of necessary materials, technology, and workforce to the location, followed by assembly and installation of panels from reputable manufacturers, installation of inverters and all required infrastructure, and finally, system readiness testing—these are all stages encompassed by the phrase “turnkey”, and as such, they are the responsibility of the entire team.
The project through which the company will showcase how this principle functions in practice is their debut project in Bosnia and Herzegovina – the Rešetnica Photovoltaic Power Plant (PVPP), to be built in the settlement of the same name in the city of Goražde, located in the Bosnian-Podrinje Canton.
In this case, the investor, Public Enterprise Elektroprivreda Bosne i Hercegovine d.d. – Sarajevo, will receive a fully functional facility situated at approximately 900 meters above sea level, on an area of approximately 8,200 m² (0.82 hectares), expected to generate around 1,411 MWh of energy annually.
Countries in the region have considerable solar energy potential, but the share of electricity generated from this source is still relatively modest. As in Serbia, hydropower plants help improve the clean energy profile in Bosnia and Herzegovina, but thermal power plants remain the primary source of electricity. However, estimates indicate that the country receives between 1,500 and 2,200 hours of sunshine annually, which serves as a strong incentive to enhance solar energy production. In southern Bosnia and Herzegovina, the annual average reaches over 2,300 sunshine hours, while Neum, the country’s only city on the Adriatic Sea, boasts an average of 2,600 sunshine hours per year.
Thus, countries in the region—both Bosnia and Herzegovina (BiH) and Serbia—have more sunlight hours than many other European countries, with the best conditions in the southeastern parts of Serbia and the southern parts of BiH. There are also vast areas of unused land that could be effectively utilized for installing solar panels, including the mountainous and hilly terrain for which Bosnia and Herzegovina is well known.
MT-KOMEX BH is currently developing major ideas and projects that will further position the company as a leader in the field of renewable energy—not just in Serbia, but across the region—contributing to the transition toward a sustainable and environmentally responsible energy future.
