The countries of the Western Balkans, Serbia, BiH, North Macedonia, Kosovo, Montenegro and Albania are ready to hit the switch to renewables. District Heating and cooling used to be powered by fossil fuel, which also strengthened dependencies on foreign energy imports.
SOLID Solar Energy Systems is delighted to officially announce its cooperation with TIGI, a listed provider of solutions and services in the field of renewable heat generation and storage. TIGI Solar will become the majority owner of SOLID Solar Energy Systems.
SOLID Solar Energy Systems is delighted to officially announce its cooperation with TIGI, a listed provider of solutions and services in the field of renewable heat generation and storage. TIGI
The countries of the Western Balkans, Serbia, BiH, North Macedonia, Kosovo, Montenegro and Albania are ready to hit the switch to renewables. District Heating and cooling used to be
TIGI leads in advanced control and cloud services for renewable heat solutions. Our technology offers real-time monitoring, system optimization, and remote management for industrial and commercial heat systems.
The Export–Import Bank of the United States (US EXIM), the Multilateral Investment Guarantee Agency (MIGA) and the Swedish Export Credit Corporation are among the financial backers of Serbia''s project to build 1 GW of new solar capacity coupled with storage.
Solar thermal firm TIGI attracts Eren as investors, project partner. Solar thermal firm TIGI attracts Eren as investors, project partner. Search. Alerts. Search. TOPICS. COUNTRIES. INDUSTRY. Serbia opens 425-MW CfD
Solar thermal firm TIGI attracts Eren as investors, project partner. Solar thermal firm TIGI attracts Eren as investors, project partner. Search. Alerts. Search. TOPICS. COUNTRIES. INDUSTRY. Serbia opens 425-MW CfD renewables auction backed by EBRD. 3 days ago. Jinko Power attains fin close for 400-MW Saudi solar project.
In November 2023, the Government of Serbia selected the Hyundai Engineering-UGT Renewables consortium as the top bidder in a public call for a strategic partner for building the solar power plants and battery storage capacities.
Serbia has taken a bold step toward renewable energy with a newly signed agreement to build 1 GW of self-balancing solar power plants. This groundbreaking project, led by the Hyundai Engineering and UGT Renewables consortium, marks a significant shift in Serbia''s energy strategy.
1 GW Solar Power Project in Serbia, set to transform the country's renewable energy landscape and boost sustainability efforts.
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.
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 project’s expected output is 1,600 GWh annually, meeting significant energy demands for households and industries alike. Currently, over 60% of Serbia’s electricity comes from fossil fuels. Solar energy offers a practical, scalable solution for diversifying energy sources.
Serbia currently gets more than 60% of its electricity from fossil fuels. 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.
An interconnected grid also allows Serbia to better distribute energy, meeting future demands while maintaining grid stability. Looking ahead, this solar initiative will generate jobs, stimulate economic growth, and position Serbia as a leader in the regional green energy market.
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