Plans for 1 GW of recent photo voltaic in Serbia are set to go forward after the signing of an implementation settlement.

The signing of the contract, by the Minister of Mining and Energy of Serbia Dubravka Đedović Handanović, along with representatives of the state-owned energy utility firm Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables , occurred earlier this week.

The settlement guarantees six new photo voltaic vegetation to be constructed throughout Serbia. The Serbian authorities permitted the proposed websites in September. The largest within the deal is the 460 MW facility within the territory of Negotin and Zaječar, adopted by the 302 MW plant in Bošnjace.

All six vegetation are linked to a transmission community and are anticipated to provide a mixed 1,600 GWh per yr. The implementation settlement additionally commits to the set up of 200 MW/400 MWh of battery power storage methods assembled at photo voltaic plant websites. The amenities are anticipated to be delivered by mid-2028.

The Hyundai Engineering – UGT Renewables consortium was chosen as a strategic associate in July. They will function the amenities for a two-year interval, after which they are going to be solely owned and operated by EPS.

A press release printed on the web site of the Serbian authorities says that photo voltaic is probably the most optimum resolution to rapidly attain giant capacities from inexperienced sources, with out burden and threat to stability. on the transmission community. Serbia at present will get greater than 60% of its electrical energy from fossil fuels.

The contract is the most recent in a line of photo voltaic initiatives backed by Serbia’s Ministry of Mining and Energy this yr, which incorporates plans for a 1 GW photo voltaic panel manufacturing unit. and one other 500 MW of photo voltaic.

Figures from the International Renewable Energy Agency state that Serbia deployed a complete of 137 MW of photo voltaic on the finish of final yr.

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