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Serbia Partners with Hyundai for 1 GW Solar Power Project

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EU Summit Discusses Western Balkans Integration

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The Government of Serbia has announced plans for the development of a special purpose spatial plan for a group of high-capacity solar power plants with a total connection capacity of 1 GW

The project, which will also include battery energy storage systems with at least 200 MW of operational power, is set to be executed in partnership with Hyundai Engineering and UGT Renewables.

State-owned power utility Elektroprivreda Srbije (EPS) will oversee the project, with the Serbian government tasking the Agency for Spatial and Urban Planning to produce the necessary documentation. The solar power facilities and battery storage systems will be constructed by the Hyundai Engineering-UGT Renewables consortium, with the plan being to eventually turn the project over to EPS.

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EU Summit Discusses Western Balkans Integration

The European Council summit held in Brussels on March 20, 2025, placed a strong emphasis on the integration of the Western Balkans into the...

Business Forum Strengthens Economic Ties Between Serbia and China

On March 20th, the Serbian Chamber of Commerce hosted a significant Business Forum and a series of bilateral meetings between Chinese and Serbian entrepreneurs,...

The consortium was selected last year as the strategic partner for the project, which aims to bring 1.2 GW of combined photovoltaic capacity, 1 GW in connection terms, and battery storage with 400 MWh capacity. 

Serbia’s Ministry of Mining and Energy revealed in April that a commercial contract for the project is currently being drafted, marking a significant step in the country’s push towards renewable energy and reducing dependence on traditional power sources.

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