Madrid-based investor Exus Management Partners said on Tuesday that it has launched a standalone renewables investment fund to pursue the development and acquisition of wind and solar power assets in the Iberian Peninsula and other Western European markets.
Foreign investment in Serbia''s renewable energy sector is driving the country''s transition to a green economy. Projects like Alcazar Energy''s wind farms are not only producing clean electricity but also generating valuable carbon
Serbian renewables compared to each individual country SERBIAN ENERGY SECTOR COMPARED TO EU Although RES share in gross final energy consumption is above EU average, we are working on increasing it and improving our energy mix
The Law on the Use of Renewable Energy Sources, the first law in the Republic of Serbia that comprehensively regulates renewable energy sources, was adopted in April 2021, with the aim of encouraging further investment in the renewable sector.
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.
Serbia must invest 17 billion euros ($19.6 billion) in renewable energy sources like hydro and solar over the next 20 years to replace ailing coal-fired plants and secure supply to meet rising
Serbia must invest 17 billion euros ($19.6 billion) in renewable energy sources like hydro and solar over the next 20 years to replace ailing coal-fired plants and secure supply to meet rising
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.
Following the investment, Partners Group will focus on transforming Exus into a next-generation platform that builds, owns, and operates renewable energy assets across both Europe and North America, while continuing to provide
The Law on the Use of Renewable Energy Sources, the first law in the Republic of Serbia that comprehensively regulates renewable energy sources, was adopted in April 2021, with the aim of encouraging further
China has agreed to invest 2 billion euros ($2.18 billion) in Serbia to build wind and solar power plants and a hydrogen production facility, the biggest investment in renewable energy in the
Following the investment, Partners Group will focus on transforming Exus into a next-generation platform that builds, owns, and operates renewable energy assets across both Europe and North America, while continuing to provide world-class asset management services to third parties.
The new energy production should include new hydropower, solar and wind plants and last month, Serbia's President Aleksandar Vucic had said Belgrade was also considering a stake in the expanded Paks nuclear plant in neighbouring Hungary, which must be first approved by the EU.
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.
BELGRADE, Jan 26 (Reuters) - China has agreed to invest 2 billion euros ($2.18 billion) in Serbia to build wind and solar power plants and a hydrogen production facility, the biggest investment in renewable energy in the Balkan country to date, Serbia's mining and energy ministry said in a statement.
First, on 4 May 2023, the Government of Serbia initiated the procedure for selecting a strategic partner for the construction of 1 GW of self-balancing solar power plants to be owned and operated by the state-owned power utility EPS a.d. Beograd. The public call is expected to be published in the early summer of this year.
Mihajlovic said that the transition from coal to cleaner energy sources cannot happen quickly as Serbia produces two thirds of electricity in its ageing thermal power plants. "By 2040 or 2050 we should have zero lignite (consumption) while building new (production) capacities at the same time," she said.
Only through strategic partnership and auctions (if successfully implemented) is Serbia expected to reach a capacity of more than 2.3 GW of new solar and wind power production facilities in the years ahead. Additionally, there are many projects developing on a commercial basis that do not count on incentives.
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