Serbia''s government said it has budgeted capital expenditure of 313.6 billion dinars ($2.87 billion/ 2.68 billion euro) next year on 56 largest investment projects currently under development or in the pipeline.
The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for electricity from photovoltaic plants is EUR 72 per MWh, while it was EUR 90 per MWh last time.
The success of this process is reflected in the strong investor interest and highly competitive prices, with up to 10 new wind and solar power plants set to be built. Investors
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Earlier this year, Minister of Mining and Energy Dubravka Đedović confirmed that planning and technical documentation for the project were on track. While financial
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As it advances through regulatory processes and cost revisions, the project''s ultimate success will depend on Rio Tinto''s ability to address stakeholder concerns while demonstrating the strategic value to Serbia and
Two changes Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for
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Delivering the utmost flexibility to the Serbian government, the Large-Scale Solar and Battery Energy Storage Project being developed by UGT Renewables will be owned and operated by Electric Power Industry of Serbia (EPS) once completed.
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Serbia''s transmission system operator Elektromreža Srbije received two grid connection applications for battery energy storage systems. They are the first energy storage projects in the country. Investments in battery
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After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
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He recalled that on June 21, 2023, Serbia secured a major victory by winning the bid to host Expo 2027, surpassing strong competitors such as the United States, Spain,
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Minister Dubravka Đedović Handanović said the second round of auctions was highly successful in capacity and offered prices. Importantly, all electricity from the power plants that get the premiums will go to state-owned
Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for electricity from photovoltaic plants is EUR 72 per MWh, while it was EUR 90 per MWh last time.
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 launched in late November and the deadline for applications expired on February 5.
A total of 40 applications demonstrates that the interest is much higher than in the first auctions, when 16 bids were received overall. They were completed in September 2023. After the qualification phase, it will be announced how many participants have valid applications for their bids. In the first auctions, eleven entered the second phase.
