Latest
Features , Editors’ Blog , Long Reads
Serbia plans to award 1.3GW of renewable energy capacity across three government auctions. Image: Serbian Ministry of Energy and Mining.
Serbia has launched its second renewable energy auction, seeking 124.8MW of solar capacity alongside 300MW of wind capacity.
The auction is backed by the European Bank for Reconstruction and Development (EBRD), and successful bidders will be awarded a contract for difference (CfD) scheme to last 15 years. Solar projects will be able to make bids for as high as €72/MWh (US$76.2/MWh), slightly lower than the €79/MWh (US$83.6/MWh) offered for wind, and applicants will have until 5 February 2025 to make proposals.
This article requires Premium Subscription Basic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
This week’s auction is the second phase in a three-stage programme to expand operating renewable energy capacity in Serbia through government-backed tenders. The first auction, completed last year, saw bids made for 400MW of wind, plus 50MW of solar, so the latest round of auctions has seen interest in the solar sector grow.
“We expect that investors will again show significant interest in this auction and that the entire quota will be used, both for wind energy and for solar energy, and we hope for even more competitive and lower prices, because we expect great competition,” said Dubravka Đedović Handanović, Serbian minister of mining and energy.
“This will bring us closer to achieving the goal foreseen in the three-year incentive plan for renewable energy sources (RES), which envisages 1,300MW of new capacity from RES,” the minister added, referring to the overall capacity targets of the three-stage auction plan.
The call for proposals follows cooperation between the EBRD and the Serbian Ministry of Mining and Energy, which received a grant from the Swiss State Secretariat for Economic Affairs (SECO), as Serbia looks to leverage government support to accelerate its renewable energy plans. At this week’s Large Scale Solar Central Eastern Europe event, held in Warsaw, Dr Konrad Wojnarowski, undersecretary of state at the Polish Ministry of Development Funds and Regional Policy, said that a combination of public and private finance would be vital if Eastern Europe is to meet its renewables power targets.
The use of CfDs in both the first two rounds of the Serbian auction echoes other calls made at this week’s summit, where speakers suggested that the use of CfDs could help deliver “acceptable” returns for parties involved in offtake agreements. Serbia plans to dramatically alter its energy mix in the coming years, aiming to add 3.5GW of renewable power capacity by 2030 and meet half of its electricity demand with clean energy sources by the end of the decade.
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries.
Stay plugged in for all the latest information on The Battery Show Europe 2024 including:
Keynote Speakers & Conference
Overview Show Features Floor Plan & Exhibitor
News Travel & Transport information
Read Next
Speakers at LSSCEE 2024 discussed key topics for the Eastern European solar sector, including storage, private investment and risk management.
Sonnedix has commissioned its 150MW Betierra solar portfolio in Spain, bringing its total renewable capacity in the country to over 1GW.
Developers in Europe signed 29 power purchase agreement deals totalling 1,277MW in October, according to Swiss analyst, Pexapark.
A more “intelligent” grid in Eastern Europe would be of benefit for the region, according to speakers at Solar Media’s LSSCEE.
PV Talk: Despite the gloomy headlines emanating from the recent COP29 climate negotiations, Global Solar Council CEO Sonia Dunlop tells Tom Kenning how for solar PV the picture was brighter, with progress made on grids, storage and the cost of capital.
SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”
Subscribe to Newsletter
Most Read
Upcoming Events
Solar Media Events , Upcoming Webinars
Solar Media Events , Upcoming Webinars
Solar Media Events , Upcoming Webinars
https://www.pv-tech.org/serbia-launches-tender-124-8mw-new-solar-capacity/
