Four projects filled the 400 MW quota in Serbia''s first wind power auction while the competitive bidding for CfDs for solar power landed heavily undersubscribed.
The solar and wind fleet in Serbia is expected to expand by 138 MW in 2025, with 76 MW in wind farms and 62 MW in solar power plants, according to the country''s energy
As part of the auction, Solarina secured the right to a market premium for a planned 105 MW solar power plant. The agreed price for supplying electricity to EPS is set at
The Serbian Ministry of Energy and Mining has awarded tenders for ten solar and wind projects with a total capacity of 645MW.
Four projects filled the 400 MW quota in wind power auction while the competitive bidding for contracts for difference for solar power landed undersubscribed. Just
The solar and wind fleet in Serbia is expected to expand by 138 MW in 2025, with 76 MW in wind farms and 62 MW in solar power plants, according to the country''s energy balance for 2025. Serbia''s projected capacity
The prices offered averaged €50.9/MWh for solar and €53.5/MWh for wind, which is below market levels. The projects were mostly awarded to Serbian and Chinese
But there was no public call in the meantime as electricity prices were breaking records amid the energy crisis. In the region, they spiked from an average of between EUR 50 per MWh and EUR 70 per MWh to more than
Additionally, in 2023, Vetroelektrana Banat-4 presented the DRP for the Vetropark-1 wind farm in the areas of Banatsko Novo Selo, Kacarevo, and Pancevo. This
A maximum price of €72/MWh for solar projects and €79/MWh for wind projects has been set. These figures are down from the ceiling prices of €90/MWh for solar and
The Serbian government has set lower maximum prices in the second round of auctions for renewable energy capacity expected to take place in November, the business
The total allocated capacity for these projects is 645 MW, with 10 new wind and solar plants expected to be built. The competitive pricing for the projects is EUR 50.9 per
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 submitted 41 project proposals in the second
With the entire quota now allocated, the construction of 10 new wind and solar power plants will add 645 MW of new renewable energy capacity. The auctioned prices were
Renewables developer CWP Europe has signed a power purchase agreement (PPA) and a Contract for Difference (CfD) for a 150-MW solar project in Serbia with state
The offered quota has been fully utilised, and the awarded capacities amount to 645 MW, leading to the construction of ten new wind and solar power plants. The offered prices are very competitive, 50.9 euros per
There is 100 MW in wind power capacity and 300 MW in solar, respectively, in plan for first quarter of 2024. Investors would compete for two-way market premiums for 150
Serbia''s draft Economic Reforms Program for the 2022-24 period set out a bold vision for renewables development, with targets for 8.3GW of solar and 3GW of wind capacity.
Four projects filled the 400 MW quota in Serbia''s first wind power auction while the competitive bidding for CfDs for solar power landed heavily undersubscribed.
Distribution of solar potential Distribution of wind potential Annual generation per unit of installed PV capacity (MWh/kWp) Wind power density at 100m height (W/m2)
A total of 17,380 MW of wind capacity was bid with this as the median price. The big surprise, however, was the very low bid for wind and solar plus storage. Wind and solar
CWP Global announced the development of three new renewable energy projects in Serbia. The first of the three projects in Lederata Energy – the first hybrid power
The same model is planned for the construction of wind power plants of an overall 1 GW. There is interest among international partners also in pumped storage hydropower plant projects, primarily in PSHPP Bistrica, where
Serbia has allocated 645 MW across 10 wind and solar projects in its second renewables auction, setting average prices at €0.0509 ($0.0533)/kWh for solar and €0.0535/kWh for wind.
Backed by EBRD and SECO, Serbia''s second renewables auction allocated 645 MW of wind and solar capacity, with competitive prices starting at €50.9 per MWh for solar.
To remind, at last year''s auctions, the lowest accepted price was 64.48 euros per MWh for wind power plants, and the highest was achieved for solar plants at 89.8 euros
According to the three-year auction plan prepared by the MoE, the next auctions for the allocation of market premiums will take place in the first quarter of 2024, with an auction quota of 300 MW for wind farms and 100 MW
May 14 (SeeNews) - Serbia''s state-owned electricity producer EPS has signed a power purchase agreement (PPA) with local company Solarina, owned by renewable energy developer CWP Europe, for its 150 MW solar park in
The Vida project in Serbia''s Zajecar district is a 350-MW wind-solar park being developed by CWP Europe. The project will cover 3,870 hectares of land and will include the
Serbia plans to build solar power plants, wind farms, and pumped-storage hydropower plants, but also gas-fired power plants, energy storage batteries, and hydrogen facilities, in order to
A 1 GW solar panel factory agreement was signed in May 2024. Serbia''s second renewables auction, announced in November 2024, awarded 645 MW across 10 wind and solar projects.
The auction attracted seven applications for wind farm projects and 34 solar projects. The winning bids offered prices as low as EUR 50.9 (USD 53.28) per MWh for solar and EUR 53.5/MWh for wind, which are below current market levels and below those achieved in Serbia’s first renewable energy auction in August 2023.
The initially offered quota of 300 MW for wind and 124.8 MW for solar projects was fully absorbed, with the total capacity of all proposed plants combined reaching 645 MW, the ministry said. These projects -- five wind and five solar -- are expected to bring in EUR 782 million (USD 818.5m) in investments, according to the ministry.
These projects -- five wind and five solar -- are expected to bring in EUR 782 million (USD 818.5m) in investments, according to the ministry. The auction attracted seven applications for wind farm projects and 34 solar projects.
The preliminary ranking is presented in the table below: The CfDs will run for 15 years. All electricity generated by the winning wind and solar farms will be purchased by Serbia’s state-owned power company Elektroprivreda Srbije for domestic supplies, the ministry added.
