June 20, 2024
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Serbia to boost solar energy expansion

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During the conference “Energy Transition of Serbia – Innovations and Implementation,” Minister of Mining and Energy, Dubravka Đedović Handanović, revealed significant progress in Serbia’s solar energy sector. She announced that within just two years, Serbia has increased its solar power capacity from about 20 megawatts to over 150 megawatts by the end of this year, marking a remarkable 7.5-fold increase.

Minister Đedović Handanović attributed this growth to the burgeoning number of buyer-producers, a substantial portion of which includes households. Approximately 20% of these buyer-producers, she noted, received state subsidies to install solar panels on their homes, totalling over 30,000 households incentivized to both renovate their properties and produce electricity for personal consumption.

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Emphasizing the collective effort required for energy transition, the minister highlighted the participation of not only households but also businesses, public facilities, and industrial plants in becoming buyer-producers. She underscored the importance of collaborative action to accelerate the adoption of renewable energy sources.

Furthermore, Minister Đedović Handanović announced plans for the construction of the largest solar power plant in Banat this year, boasting a capacity of 26 megawatts. This plant is expected to cater to the electricity needs of approximately 30,000 citizens, signalling another milestone in Serbia’s renewable energy journey.

The minister also lauded the regulatory enhancements introduced last year through amendments to the Law on Renewable Energy Sources. These amendments facilitated the conduct of the first and largest auctions for allocating market premiums on renewable energy sources, contributing to Serbia’s renewable energy development.

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