Up to 200 MW of battery storage will be developed across the sites. Image: Ministry of Mining and Energy, Tanjug Plans for 1 GW of new solar in Serbia are set to go ahead after the signing of an implementation agreement.
The Serbian government is seeking a strategic partner to develop at least five PV plants with a cumulative capacity of 1 GW/1.2 GWh and at least 200 MW/400 MWh of battery energy storage. State power company Elektroprivreda Srbije (EPS) will own and operate the assets.
14 November 2022: InoBat Auto (“InoBat”), the European pioneer of high performing electric vehicle battery R&D, engineering, production and recycling, has signed protocols and declarations of intent with the Government of the Republic of Serbia for the construction of a new gigafactory in Serbia.
The signing of the contract, by Serbia’s Minister of Mining and Energy Dubravka Đedović Handanović, alongside representatives of state-owned power utility company Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables, took place earlier this week.
Serbia currently gets more than 60% of its electricity from fossil fuels. The contract is the latest in a line of solar projects backed by Serbia’s Ministry of Mining and Energy this year, which includes plans for a 1 GW solar panel factory and another 500 MW of solar.
Germany's Mercedes-Benz (MBGn.DE) is a potential customer of lithium from Serbia and would support bringing more of the battery value chain to Serbia, the company's chief executive Ola Kaellenius said in Belgrade on Friday. "They are building a very modern mine and we are a potential customer.