Serbia looking for strategic partner to build 1 GW of solar


Photo: Kev from Pixabay


May 9, 2023



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May 9, 2023



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The Government of Serbia has launched a procedure to select a strategic partner to develop a total of 1 GW solar power plants and at least 200 MW of battery storage capacities. The power plants and batteries are to be handed over to state power utility Elektroprivreda Srbije (EPS) under a turn-key contract two years following the construction.

The government’s decision, based on the renewable energy law, envisages the selection of a strategic partner to build, but not manage or maintain, large-scale “self-balanced” solar power plants with energy storage batteries.

The project would be carried out through strategic partnership and public financing. Its purpose is to enable the country to meet the energy transition goals and international obligations regarding renewables, but also tackle the energy crisis, eliminate the need for imports, ensure long-term stability of supply for consumers, offset EPS’ reduced production capacity, and meet the growing need for capacities capable of providing balancing and system services.

The strategic partner will be required to secure letters of intent concerning financing for the project, enabling Serbia to draw a loan with a long repayment term, of at least 18 years.

The partner will also be required to select optimal locations for the construction of the solar power plants and battery capacities, prepare all necessary documentation, and design, procure equipment for, and build the power plants.

The strategic partner will operate the facilities for two years

The partner will operate the solar power plants and batteries for two years, during which period it will be required to train EPS’ team to continue to operate the facilities. After that period, the partner will hand over the facilities to EPS.

The selected partner will also have the obligation to build transition and distribution capacities, if necessary.

EPS will act as both the owner and investor in the project, according to the government’s decision.

The project envisages building at least five independent solar power plants

The total installed capacity must be distributed to five or more independent solar power plants in order to ensure greater electricity output, particularly in periods when electricity price is well above average – in the morning and afternoon. The solar panels are to be mounted on single-axis tracking systems.

The battery systems, with a total installed capacity of 200 MW and storage capacity of at least 400 MWh of electricity, are to be deployed at one or more strategic locations within Serbia’s electricity system, according to the government’s decision.

The project is to be completed within four to five years, while the contract will cover a period of six to seven years.

Comments (3)
Kurica / May 11, 2023

Serbia doesn’t have enough sunny days per year. Huaahuaaaa

Sol / May 13, 2023

That is not true, Serbia has a great potential compared to some other countries from this region and those countries already have a many operating solar power plants. Solar & wind power is the current future.

UnSol / June 1, 2023

Yes, It is ture. Serbia doesn’t have enough sunny days but considering energy crisis and its independence, PV Solar with ESS would be the best solution for short term solution.

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