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

Open call for green hydrogen combined heat and power pilot project in Western Macedonia

Open call for green hydrogen high-efficiency CHP pilot plant in northern Greece

04 July 2025 - The Greek government has opened a call for a pilot CHP unit in Western Macedonia that would run on green hydrogen

Foreign renewable energy investors remain committed to Romania as large plants coming online

Foreign renewable energy investors remain committed to Romania as large plants coming online

04 July 2025 - Renewable energy companies from abroad aren't intimidated by negative power prices in Romania, especially with the BESS segment accelerating

projects euros modernisation fund celan energy

EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries

04 July 2025 - Focusing on renewables, grids, storage, and energy efficiency, the funds will support projects in Croatia, Slovenia, Greece, and Romania.

sostanj coal fired plant unit 6

Slovenia’s sole coal-fired power plant Šoštanj to keep main unit offline until fall

04 July 2025 - The 600 MW unit at Šoštanj will not be restarted until the end of September, when demand for heat is set to rise.