News ·

Hifa-Oil is the general sponsor of Sarajevo Energy Forum 2024.

Hifa-Oil is the general sponsor of Sarajevo Energy Forum 2024.

Hifa-Oil has decided to participate as a general sponsor for the Sarajevo Energy Forum - SEF 2024 (Sarajevo Energy Forum), which is scheduled to take place at the Hills Hotel in Ilidža on January 30 and 31, 2024. Hifa-Oil, one of the pioneers of Bosnia and Herzegovina's energy transition, contributes significantly to this conference by presenting and exchanging the knowledge and expertise gathered from multiple energy-related projects and past triumphs, including the building of solar power plants and the procurement of electricity from renewable sources.

Hifa-Oil is the market leader in Bosnia and Herzegovina in the area of buying electricity from renewable energy sources (RES). It is also the first domestically financed private company to enter the region's wholesale electricity market and gain access to Serbia's SEEPEX stock exchange. Currently, Hifa-Oil buys electricity in Bosnia and Herzegovina from more than 400 power plants that use renewable energy sources, such as biomass, small hydropower, and solar power. Hifa-Oil provides secure electricity placement for all subjects interested in producing electricity from renewable energy sources (RES) by supporting this particular area of the BiH energy market.

Years ago, Hifa-Oil founded the Euro Solar sector, which provides full solutions for the construction of photovoltaic power plants on a "turnkey" basis, after realizing the need to support the country's energy transition and the expanding market need for a partner in the renewable sources sector. With multiple completed projects for the building of solar power plants throughout Bosnia and Herzegovina behind it, including some of the country's largest photovoltaic power plants, Euro Solar has achieved impressive results in a short amount of time. The solar power facility Swisslion in Trebinje, which spans over 20,000 square meters, Bingo City area in Sarajevo, the Hollywood and Hills hotels in Ilidža, the Plaza shopping area in Mostra, numerous solar power plants in the area of Herzegovina, etc.

Over 50 MW of solar power plants have been constructed and placed into service by Euro Solar so far across our nation, and many more projects are in the works. As the sole distributor of SMA and Huawei inverters as well as Longi, Trina, Riesen, and DAH Solar solar panels, Euro Solar guarantees the best equipment available for solar power plant development. Apart from the market in Bosnia and Herzegovina, other nations in the region such as Montenegro, Croatia, and Serbia are also building solar power plants, and Montenegro and Serbia offer the opportunity to buy the electricity generated.

In this sense, Hifa-Oil promotes increased interest in renewable energy sources by providing a straightforward means of profiting from the development of solar power plants to the acquisition of generated electricity on both the local and regional markets.

At the upcoming SEF 2024, the company Hifa-Oil will be happy to share its achievements and outcomes. It will participate in the panel discussion titled "The role of virtual power plants in Bosnia and Herzegovina and the region in securing electricity purchase contracts. energy from RES" and hold a presentation as a general sponsor.