Free Trial

POWER: Serbia Moves Ahead With 1GW of New Solar Capacity

POWER

The Serbian government has approved sites for six large-scale solar PV plants with a combined capacity of 1GW according to PV Magazine. 

  • The solar plants will be collocated with two-hour BESS with at least 200MW of capacity.
  • The consortium Hyundai Engineering – UGT Renewables was selected to construct the facilities.
  • The plants will be located in the cities of Zaječar and Leskovac and the four municipalities of Bujanovac, Lebane, Negotin, and Odžaci.
  • The consortium will operator the plants for two years after commissioning, after which they will be operated by EPS – which has laid out plans to decommission around 1GW of fossil-fuel power plants between 2025 and 2035.
  • Construction could already start in 2024, the government said earlier this year. 
121 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The Serbian government has approved sites for six large-scale solar PV plants with a combined capacity of 1GW according to PV Magazine. 

  • The solar plants will be collocated with two-hour BESS with at least 200MW of capacity.
  • The consortium Hyundai Engineering – UGT Renewables was selected to construct the facilities.
  • The plants will be located in the cities of Zaječar and Leskovac and the four municipalities of Bujanovac, Lebane, Negotin, and Odžaci.
  • The consortium will operator the plants for two years after commissioning, after which they will be operated by EPS – which has laid out plans to decommission around 1GW of fossil-fuel power plants between 2025 and 2035.
  • Construction could already start in 2024, the government said earlier this year.