minister of energy and mining

EPS doubles its profit in Q1 Read More »

EPS doubles its profit in Q1

The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to […]

Serbia: Nofar Energy to develop the largest solar project in the country Read More »

Serbia: Nofar Energy to develop the largest solar project in the country

The upcoming unveiling of Serbia’s largest solar park, located in Ada, will mark a significant milestone for Nofar Adria, a company primarily owned by Israeli firm Nofar Energy.  With a total capacity of 26 NW, this solar facility represents a substantial investment of 30 million euros and is expected to generate approximately 33,150,000 kWh of electricity annually.

Serbia: Refinery in Smederevo to be in line with the highest EU standards Read More »

Serbia: Refinery in Smederevo to be in line with the highest EU standards

Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, recently finalized a framework agreement with “China Energy International Group” to construct an oil processing plant in Smederevo, aimed at producing derivatives in line with EU standards. This development has sparked discussions regarding the necessity of another refinery in the country and its implications, particularly concerning existing Russian-owned refineries. Handanović

Republika Srpska: EFT completed the construction of 60 MW Bileća solar park Read More »

Republika Srpska: EFT completed the construction of 60 MW Bileća solar park

Petar Đokić, Minister of Mining and Energy of the Republika Srpska, announced that the company’s Energy Financing Team completed the construction of the Bileća solar power plant, with an installed capacity of 60 MW. The solar park is located at the Zarečje location and covers 133 hectares. It is estimated that the plant will produce around 84 GWh

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