The contract for the construction of self-sufficient solar power plants in Serbia, which will add 1 gigawatt (GW) of new solar power capacity, was signed with the consortium of companies Hyundai Engineering and UGT Renewables in the presence of Serbian President Aleksandar Vučić.
The agreement, covering both the construction and maintenance of large-scale self-sufficient solar power plants with a total installed capacity of 1 GW and battery storage systems with a total capacity of 200 megawatts (MW), was signed by Dubravka Đedović Handanović, the Minister of Mining and Energy and Dušan Živković, the General Director of electric utility power company EPS.
The solar power plants will be built across six locations in Serbia. The largest individual plant is planned for the area of Negotin and Zaječar, with a capacity of 460 MW, while another significant facility will be built in Bošnjace, within the municipality of Lebane, with a capacity of 302 MW.
These six self-sufficient solar power plants are expected to generate an average of 1,600 gigawatt-hours (GWh) annually, ensuring a stable electricity supply for households throughout Serbia, as all six plants will be connected to a unified transmission network.
Currently, Serbia derives more than 60 per cent of its electricity from fossil fuels. Large-scale solar power plants offer an optimal solution for quickly achieving high capacities from renewable sources, without straining the transmission network. This also provides the economy with green energy, enabling continued production and exports without additional costs.
The first power capacities are expected to come online as early as 2027, with the entire project, including the largest solar power plants, set for completion by mid-2028. Work is scheduled to begin in a year, by which time the spatial plan, technical documentation, environmental protection studies and assessments of immovable cultural assets should be finalised.