Renewables

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

serbia suncarlito beta solar token subotica solar power plant

Photo: SunCarlito Beta

Published

June 13, 2025

Country

Comments

comments icon

0

Share

Published:

June 13, 2025

Country:

Comments:

comments icon

0

Share

SunCarlito Beta has offered tokens worth EUR 1.7 million to raise funds for installing a 2.2 MW solar power plant near the northern Serbian city of Subotica. The deadline to purchase the tokens is July 9.

Investors can buy 3,402 tokens called Solar Token ST_1, priced at EUR 500 each.

This is the second token offering in Serbia’s energy sector. In mid-March, AVR Solar Park successfully completed the first tokenization in the energy sector, introducing this innovative financing method to the Serbian market.

So far, SunCarlito Beta has invested EUR 450,000 in land acquisition, permitting, and digital token technology. The total project value is estimated at EUR 2.1 million, according to the White Paper, approved by the Securities Commission.

A building permit has been obtained for the construction of the solar power plant

A construction permit for the solar power plant has been granted, and the installation is well underway. Trial operation is expected to begin by the end of 2025, with an anticipated annual output of 1.2 GWh.

The company has identified two main goals: to finance the project with funds raised via tokenization and to allow interested parties to invest in digital assets.

A digital token has the characteristics of a dematerialized bond, the company explained.

The tokens yield an annual return of 6%

The tokens are issued for a period of 15 years and yield an annual return, a fixed interest rate of 6% per year calculated on the remaining principal, according to the White Paper.

During the investment period, token owners are entitled to principal repayments. The first two repayments are set at 33% of the principal every five years, with the final repayment at 34% of the principal.

The tokens can be purchased by individuals or legal entities, including entrepreneurs, with residence in the Republic of Serbia, who must also pass the accreditation process. The owner of SunCarlito Beta is an individual, and additional ownership details can be found on page 41 of the White Paper.

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

eu smart meters acer list slovenia croatia

Slovenia tops EU list for most smart power meters, Croatia among laggards

25 July 2025 - At the top of the list of European Union member states with the highest number of smart meters are the Scandinavian countries and Italy

serbia wind farm plandiste nis met dubravka djedovic

Government of Serbia interested in taking over Plandište wind project

25 July 2025 - Plandište is one of the projects that obtained feed-in tariffs under the first quota of 500 MW for wind power plants in Serbia

Project 81 MW solar park on coal mine in Montenegro

Project underway for 81 MW solar park on coal mine in Montenegro

24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja

croatia rp global novalja solar ebrd loan

RP Global gets EUR 12.2 million loan for Novalja solar project

24 July 2025 - In late April, Austrian company RP Global began the construction of the Novalja PV plant at the Zaglava site on the island of Pag