Serbia signs deal for 1 GW of solar, 200 MW of battery storage
The contract is the latest in a line of solar projects backed by Serbia''s Ministry of Mining and Energy this year, which includes plans for a 1 GW solar panel factory and another
The contract is the latest in a line of solar projects backed by Serbia's Ministry of Mining and Energy this year, which includes plans for a 1 GW solar panel factory and another 500 MW of solar. Figures from the International Renewable Energy Agency state Serbia had deployed a total 137 MW of solar by the end of last year.
Located throughout the country, these solar power plants will help Serbia improve energy security, avoid expensive energy imports, and achieve electricity independence at an affordable price. The modernization of the EPS and renewing Serbia's Energy Generation Portfolio will have a lasting impact on communities throughout Serbia.
UGT Renewables Serbia Solar is a ground-mounted solar project, which is planned over 2,000 hectares. 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.
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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