Technical FAQs 4

Will Serbia develop a large-scale solar plant?

The Serbian government has called for the development of a spatial plan for six large-scale solar plants with a cumulative capacity of 1 GW that will be colocated with two-hour battery energy storage systems with a power output of at least 200 MW.

When will solar & battery facilities be delivered in Serbia?

The solar and battery facilities shall be delivered by June 1, 2028. Government representatives were quoted earlier this year saying that construction could start already in 2024. According to the Association of Renewable Energy Sources of Serbia, the country has installed around 95 MW of solar.

Who will install a solar power plant in Serbia?

Mid last year, the government embarked on a lookout for strategic partners who would install the facilities, including 1,000 MWac (1,200 MWdc) of solar plants and at least 200 MW of battery storage. The facilities will be handed over to to state-owned power utility Elektroprivreda Srbije (EPS), which acts as a sole owner and investor.

Who is participating in a US-Serbia solar project?

Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is also likely to participate in the endeavor. UGT Renewables and Hyundai Engineering launch a 1.2 GW solar project with battery storage in Serbia, marking a milestone in US-Serbia energy cooperation.

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