The Šalek Valley is undergoing a major green transition, with HSE and TEŠ leading investments in floating solar power, hydrogen technology, and district heating restructuring, aiming to reduce emissions, create jobs, and ensure Slovenia’s sustainable energy future.
Investments
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HSE and the municipalities of Trbovlje and Hrastnik have signed a renewable energy cooperation agreement, ensuring 10% of Prapretno solar plant’s electricity is supplied at cost price for public institutions, marking a major step in Slovenia’s green transition.
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Krka’s €20 million investment in Pavilion 3, a 9,600 m² facility, expands microbiological laboratories, enhances digital research capabilities, and strengthens supply chain operations, ensuring higher product quality, accelerated innovation, and continued global market leadership.
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GEN-I Group has launched its second large-scale solar power plant in North Macedonia, a 12 MW facility near Kavadarci that will generate up to 15,500 MWh of carbon-free energy annually, reinforcing its commitment to renewable energy expansion and CO2 reduction.
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Renewables
HSE Floating Solar Power on Lake Družmirje: A Milestone for Slovenia’s Energy Future
by SBThe HSE Group is driving Slovenia’s green transition by investing in a 140 MW floating solar power plant on Lake Družmirje, supporting regional economic development while significantly reducing emissions and promoting sustainable energy solutions.
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Pharmaceuticals
Sandoz breaks ground on state-of-the-art Biosimilars Development Center in Ljubljana
by SBSandoz invests $90M in a cutting-edge 9,500 m² Biosimilars Development Center in Ljubljana, solidifying Slovenia’s position as a European biosimilars hub, with 200 experts advancing cell line development, biotechnological platforms, and drug formulations to expand global access to affordable, high-quality medicines.
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The HSE Group, Slovenia’s largest renewable energy producer, is accelerating investments in hydro and solar power projects, including new hydroelectric power plants, floating solar installations, and pumped-storage facilities, to enhance energy independence and support the green transition.
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A consortium of 18 Slovenian companies, municipalities, and organizations has signed an agreement to establish a low-carbon hydrogen ecosystem, with government and international support, to advance hydrogen technologies for energy, transport, and industry.
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Krka and Laurus Labs Ltd. have announced the establishment of Krka Pharma Pvt. Ltd., a joint venture based in Hyderabad, India, aiming to manufacture and expand the distribution of high-quality pharmaceutical products in India and other non-EU markets, supported by an initial capital investment of up to €50 million.
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Slovenian Steel Group (SIJ) has signed a €1.5 billion memorandum of understanding with the Saudi Arabian government to establish electro steel and premium hot rolled strip production in Ras Al-Khair, leveraging sustainable technologies and Slovenian expertise as part of Saudi Arabia’s Vision 2030 economic diversification.