Renewables

Serbia to allocate subsidies for using solar energy in agriculture

Serbia to allocate subsidies for using solar energy in agriculture

Photo: IndiraFoto from Pixabay

Published

May 18, 2021

Country

Comments

comments icon

0

Share

Published:

May 18, 2021

Country:

Comments:

comments icon

0

Share

Within a project for competitive agriculture, the Ministry of Agriculture has announced a public call for subsidies for using solar energy in agriculture of at least EUR 10,000 to a maximum of EUR 25,000 for registered agricultural households, while small and medium enterprises will be able to receive from EUR 12,500 to EUR 200,000.

EUR 6 million will be distributed under the first public call, and two more will be published by the end of the year, making the EUR 20 million a total sum that will be allocated this year, the ministry announced.

Two more public calls will be published by the end of the year

Subsidies are awarded according to the 50-40-10 system, which means that the grant amounts to up to 50% of the value of the investment, 40% is a loan from commercial banks, and 10% is the participation of the individuals or legal entities.

The first call will support the production of fruits, grapes, vegetables and flowers. Applications can be submitted by June 4, according to the public call.

Grants will be awarded for the purchase and installation of new equipment for the use of renewable energy sources and energy efficiency improvement (use of solar energy); procurement of new equipment for digitization and/or automation of production systems, including procurement of adequate software with accompanying hardware, as well as procurement and installation of new GPS navigation systems on tractors, and for improving the competitiveness of primary production of fruits, vegetables, grapes and flowers.

Women, young farmers and those working in poor municipalities are among the potential beneficiaries that have priority

Women, young farmers and those working in underdeveloped or poor municipalities are among the potential beneficiaries that have priority. Producers who have commercial potential, but not enough capacity to compete for financial measures to support the development of agriculture, such as IPARD, will also be given an advantage, the ministry said.

The ministry and the World Bank will implement the USD 38 million competitive agriculture project over the next three years.

Eligible for subsidies are individuals, entrepreneurs, companies and agricultural cooperatives that are registered in the Register of Agricultural Holdings.

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

battery storage bess solar ppc

PPC starts building two battery storage systems in northern Greece

19 May 2025 - The new energy storage systems, of 48 MW / 96 MWh and 50 MW / 100 MWh, are intended to support the operation of adjacent photovoltaic plants

Alteo's Chikán Aggregators AI solutions grid stability production optimization

Alteo’s Chikán: Aggregators have AI solutions for grid stability, production optimization

19 May 2025 - Volatile prices, policy changes and flexibility needs are driving a momentum for developers and aggregators, Alteo's CEO Attila Chikán says

Akuo Energy signs PPA with EPS for Bela Anta 2 wind project in Serbia

Akuo Energy signs PPA with EPS for Bela Anta 2 wind project in Serbia

19 May 2025 - Akuo Energy signed a power purchase agreement (PPA) with Serbia's Elektroprivreda Srbije (EPS) for the Bela Anta 2 wind power project

Wind farm project Cyprus rejected protect birds habitats

Wind farm project in Cyprus rejected to protect birds, habitats

17 May 2025 - The Department of Environment of Cyprus scrapped a proposal for a wind power plant partly within or near protected areas