According to experts, insufficient use of solar energy is due to the high initial costs of installing photovoltaic systems and to the lack of adequate legislation on renewable energy. Currently, only half of environmental norms in Bosnia and Herzegovina are aligned.
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The price of 20kw Hybrid solar system is around $10,000. However, because of the difference of single-phase output, three-phase output, and battery capacity, the price varies greatly from one design to another.
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BiH is in the process of finalizing a National Energy Climate Plan (NECP) to address energy efficiency, renewables, greenhouse gas emissions reductions, new interconnections, and research and innovation.
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Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.
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