Germany boosts Bosnian wind development
Canadian Business Online reports that German bank Kreditanstalt fuer Wiederaufbau will finance Bosnia’s first wind farm with a 71 million euro loan and a 1 million euro grant. The monies will help build 22 wind masts that will be expected to generate 115 gigawatt-hours by the end of 2012. The new wind farm will be located in Southwest Bosnia, where wind speeds average over 6 meters per second.


