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Serbia: Fortis Energy to develop 144 MW Juhor wind farm, expands renewable projects Read More »

Serbia: Fortis Energy to develop 144 MW Juhor wind farm, expands renewable projects

Turkish renewable energy company Fortis Energy has announced plans to install 20 wind turbines, each with a capacity of 7.2 MW, as part of its 144 MW Juhor wind farm project in central Serbia. Currently in the regulatory and technical planning phase, the Juhor wind farm is expected to generate over 425 GWh of electricity […]

Serbia: Oil pipeline to Hungary set to boost diversification and lower costs by 2027 Read More »

Serbia: Oil pipeline to Hungary set to boost diversification and lower costs by 2027

Serbian President Aleksandar Vučić has announced that the design phase for the new oil pipeline to Hungary will be completed by the third quarter of this year, with construction slated to begin in the fourth quarter. The pipeline is expected to be fully operational by the first quarter of 2027, with an investment estimated at

Serbia: SEEPEX sees 7.6% increase in March 2025 electricity trading volumes Read More »

Serbia: SEEPEX sees 7.6% increase in March 2025 electricity trading volumes

In March 2025, a total of 509,291.6 MWh of electricity was traded on the day-ahead market of the Serbian Energy Exchange (SEEPEX), marking a 7.6% increase from the previous month. This amounts to an average of 16,428.8 MWh per day. Compared to March 2024, the trading volume surged by 43.6%. The average daily base price

Serbia: EPS to invest 450 million euros in Kolubara lignite mine Read More »

Serbia: EPS to invest 450 million euros in Kolubara lignite mine

EPS is investing 450 million euros in new equipment at the Kolubara coal mine to increase its production capacity, the energy ministry Dubravka Djedovic Handanovic said in a press release. The investment also involves the launch of replacement production capacities to enable the exploitation of coal from surface mines, as well as the construction of

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 starts building a 26 MW solar park Read More »

Serbia: Nofar starts building a 26 MW solar park

Nofar Energy started the construction of a 26 MW solar park in north Serbia, divided into two units that would be connected to the distribution network. The project is worth around 25 million euros. The company said it would complete it before the end of the year. Two units have connection approval for 9.999 MW each from

EU strategic plans rely on Serbian lithium Read More »

EU strategic plans rely on Serbian lithium

The prospect of lithium extraction in Serbia has reignited fears of environmental devastation among its citizens, following the European Commission’s (EC) announcement of negotiations regarding a memorandum on critical raw materials. Despite vocal opposition to lithium mining, particularly concerning potential ecological disasters, Maroš Šefčovič, the European Commissioner for the “Green Plan,” revealed progress in finalizing the memorandum, focusing

Serbia: 10 MW solar park Saraorci commissioned Read More »

Serbia: 10 MW solar park Saraorci commissioned

The first phase of the construction of the biggest solar park in Serbia, Saraorci, has been completed. The total installed capacity in the first phase is 9.86 MW (11.8 MWp), whereas a power of 1.5 MW (1.86 MWp) is planned for the second phase. This is a photovoltaic power plant which is fully transferred to

Serbia: Overhaul of Pancevo oil refinery nearly completed Read More »

Serbia: Overhaul of Pancevo oil refinery nearly completed

The overhaul of the NIS Pancevo oil refinery, owned by the oil and gas company NIS, is in its final phase, according to the Serbian government. Diesel production has already been established and disruptions on the domestic market have been avoided, energy minister Dubravka Djedovic Handanovic said in a press release. The 95-million-euro overhaul began

SEE region: Romania cautiously considers to build a new hydropower plant with Serbia Read More »

SEE region: Romania cautiously considers to build a new hydropower plant with Serbia

Romanian Ministry of Energy confirmed that the country could join Serbia as an equal partner in the project for a third hydropower plant on the Danube, but it denied that a joint team to coordinate the project was set up and highlighted that the project should be approached with caution since it has an important