Sorrell estimates that the market in Serbia is now mature enough for standard solar projects and wind farms, so commercial banks can finance them directly, without the
Solar power offers homeowners significant benefits, including lower energy bills, a smaller carbon footprint, and increased home value. Despite the initial investment, financing
May 29, 2025 - SAN FRANCISCO – The California Public Utilities Commission (CPUC) is launching a new $280 million statewide initiative to help California''s low-income utility
Earlier this year, Minister of Mining and Energy Dubravka Đedović confirmed that planning and technical documentation for the project were on track. While financial
Pasig City, Philippines — 22 April 2025 — Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines'' largest syndicated loan at ₱150 billion to
The Serbian government plans to launch its second renewables auction this year in a bid to procure at least 400 MW of wind and solar power.
President of the Republic of Serbia, Aleksandar Vučić and the Prime Minister of the Republic of Serbia Ana Brnabić presented today the programme "SERBIA 2025", which
Suppliers, contractors, and energy consultants have a chance to participate, as the project requires specialized equipment like solar trackers, rotating axes for sunlight optimization, and advanced battery systems.
As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth
A line of panels points the way – a new digital financing model in Serbia hopes to encourage solar uptake among the public and business.
The total capital expenditure for this expansive project is estimated at around USD 590 million, which underscores Scatec''s commitment to investing significantly in Egypt''s
Serbia''s solar market is set to expand with a 3.9 GW project pipeline and 80 MW added in 2024, bringing total capacity above 200 MW, the country''s renewable energy association tells pv magazine.
In California, typical 7-kilowatt solar energy system costs $16,032 before any financial incentives. Learn about other tax breaks, resources and more.
Additionally, the Battery Energy Storage System (BESS) portion of the project could have separate financing terms and investors, as it would likely qualify for a 2025
Scatec ASA has reached financial close for the "Obelisk" hybrid solar and battery storage project in Egypt. The non-recourse project financing comprises USD 479.1 million provided by the European Bank for
The Nature Conservancy completed the project ''Smart Planning for Sustainable Development - Mapping Solar Potentials in Serbia'' with a group of local partners.
1. Utility-scale Battery Storage One of the most notable winners is utility-scale battery storage projects. In contrast to earlier proposals where incentives would vanish alongside those for wind and solar projects, the
Here are seven financing options for the residential, commercial and industrial sectors to consider: Power Purchase Agreements PPAs are a popular choice among intensive energy users since the service provider fully
We see quite a few opportunities for US companies in Serbia in the tech sector and manufacturing," Cortese added. Solar-battery project would save EUR 2.7 billion in
Explore California''s top solar incentives, rebates, and funding opportunities for 2025. Save on your solar installation with expert tips!
Watch the Webinar On Demand Peak Power''s finance webinar provided valuable insights into financing options and strategies for battery energy storage system
The total installed solar capacity will be 1 GW, with battery storage units having an installed capacity of 200 MW and an energy storage capacity of 400 MWh. The project will
With so many options available, comparing top solar lenders is essential to find the best financing solution for our solar energy projects. Each lender offers unique features, loan amounts, and credit score requirements, impacting our
Forty applications were submitted for market premiums within the procedure for the second round of renewable electricity auctions in Serbia, Balkan Green Energy News learns. The call for wind and solar power projects was
BDO Unibank has crossed a historic milestone, exceeding PHP 1.04 trillion in sustainable financing since launching its program in 2010. The bank''s investments support a
Residential solar in 2025 is a technology-driven, climate-adapted, and regionally tailored solution. Choosing the right panels, inverters, and storage systems ensures maximum efficiency,
Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
Watch the Webinar On Demand Peak Power''s finance webinar provided valuable insights into financing options and strategies for battery energy storage system projects. The webinar highlighted the positive growth outlook
Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
Battery energy storage systems can address the challenge of intermittent renewable energy. But innovative financial models are needed to encourage deployment.
photovoltaic power plants World Global solar installations soar 64% in the first half of 2025 Elektrohertz gets concession for solar project in Republic of Srpska Project
The Government of Serbia has signed an agreement with the Hyundai Engineering-UGT Renewables consortium on building solar power plants with a total connection capacity of 1,000 MW (1,200 MW in nameplate capacity), along with battery systems for electricity storage of up to 200 MW/400 MWh. The signing will be followed by talks on financing terms.
1 GW Solar Power Project in Serbia, set to transform the country's renewable energy landscape and boost sustainability efforts.
This process ensures the project respects Serbia’s cultural and natural landscape. Hyundai Engineering and UGT Renewables will start construction in 2025. By 2027, the first solar capacities are expected to be online. The entire project will likely complete by mid-2028.
For Serbia, this project means more than just meeting renewable energy goals. It promises energy independence, economic stability, and a sustainable energy supply. By creating a network of self-balancing solar plants, Serbia strengthens its energy security, attracts green investments, and aligns with global environmental standards.
The Ministry of Mining and Energy and EPS (Elektroprivreda Srbije) partnered with Hyundai Engineering and UGT Renewables to drive this project. Serbia will soon see six large solar plants strategically positioned across the country. Key locations include Negotin, Zaječar, and Bošnjace.
The electricity generated from the Serbia Solar PV will offset 1,900,000t of carbon dioxide emissions (CO2) a year. UGT Renewables Serbia Solar PV will be a 1,000MW solar PV power project developed in a single phase. Articles, videos and more about our projects in Serbia.