Renewables

Serbia approves premiums for two more projects from its first solar power auction

Serbia premiums two more projects first solar power auction

Photo: Michael Förtsch on Unsplash

Published

September 4, 2023

Country

Comments

comments icon

0

Share

Published:

September 4, 2023

Country:

Comments:

comments icon

0

Share

Two projects made it to the list of photovoltaic plants eligible for market premiums at the last minute, after they were disqualified from Serbia’s first solar power auction. The additional quota was approved after it submitted additional documents.

The commission responsible for Serbia’s first auction for premiums for electricity from photovoltaic units asked the Ministry of Mining and Energy to add two initially rejected projects. The bids of only two companies – Hiperion Sol and Terra Solar – were originally declared valid in the competitive bidding process, for three investments. They got the right to sign contracts for difference (CfDs) for a mere 11.6 MW out of an overall 50 MW available.

One of the disqualified participants provided proof that the accounts of its two project firms weren’t blocked for more than three days over the previous three years. The commission added both to the list, increasing the awarded part of the quota to 25.2 MW or 50.4% of the total.

With the revision, the approved part of of the 50 MW quota was more than doubled to 25.2 MW

The ranking now includes B2 Nova Sun and B2 Sunspot, photovoltaic units with connection capacities planned at 9.99 MW and 7 MW, respectively. Both sites are in Mokrin in Serbia’s far north.

The investor placed bids for 8 MW of B2 Nova Sun and for 5.6 MW for B2 Sunspot. Namely, participants were able to qualify between 70% and 100% of the capacity of any project for the CfD scheme. Both can now get 15-year power purchase contracts at EUR 89.7 per MWh. The lowest accepted price was EUR 88.65 per MWh.

No PV project that entered the auction process would have a connection capacity of 10 MW or more, at which point it would require a connection to the transmission system. The first wind power auction in Serbia was held at the same time.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

montenegro epcg net conference budva milutin djukanovic

Đukanović: EPCG is implementing three key strategic policies

16 June 2025 - At the opening of the EPCG NET conference in Budva, Miliutin Đukanović announced the start of trial operations at the Gvozd wind farm

serbia naled CBAM analysis jobs

NALED urges action to protect jobs at energy-intensive industries threatened by CBAM

13 June 2025 - The National Alliance for Local Economic Development has called on the state to introduce measures to protect energy-intensive industries

serbia suncarlito beta solar token subotica solar power plant

SunCarlito Beta issues tokens to raise funds for 2.2 MW solar power plant in Serbia

13 June 2025 - Investors can buy 3,402 tokens called Solar Token ST_1, priced at EUR 500 each. The deadline to purchase the tokens is July 9

nuclear power plant reactor edf france

French power prices jump as EDF looks into possible nuclear reactor defect

12 June 2025 - France’s state-owned power utility EDF is investigating apparent corrosion cracks found at the Civaux 2 nuclear reactor.