Serbia intends to afforest 7,000 hectares with climate-resilient tree species and converse 51,000 hectares of degraded forests within the USD 84 million FOREST Invest project. An agreement for the project ‘Enhancing the resilience of Serbian forests...
Wind power projects Alibunar 1 and Alibunar 2, majority-owned by SANY Renewable Energy, a leading global wind turbine manufacturer based in China, have ranked second and third, respectively, in Serbia’s latest renewable energy auction for market prem...
Serbia’s transmission system operator Elektromreža Srbije received two grid connection applications for battery energy storage systems. They are the first energy storage projects in the country. Investments in battery energy storage systems (BESS) is...
Israeli company Nofar Energy said its photovoltaic park in northern Serbia of 27 MW in peak capacity began delivering electricity to the grid. The project consists of two adjacent units, Ada1 and Ada2, connected to the distribution grid. After instal...
The first tokenization in Serbia’s energy sector has been completed, with AVR Solar Park selling 80% of AVR Solar Tokens, worth EUR 600,300, out of EUR 725,000 on offer. The company emphasized that this innovative financing model has the potential to...
Serbia’s transmission system operator Elektromreža Srbije signed a contract for the construction of a two-system 400 kV transmission line from the Obrenovac substation to the Bajina Bašta substation. The power line from the Obrenovac substation to th...