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Grid or no grid? The hidden bottleneck that will decide Serbia’s renewable future Read More »

Grid or no grid? The hidden bottleneck that will decide Serbia’s renewable future

In every renewable market, there comes a moment when enthusiasm for new capacity hits a structural wall. For Serbia, that wall is the electrical grid. Generation potential is abundant, investor appetite is stronger than ever, and commercial interest in green electricity continues to rise. But all of this is ultimately irrelevant if the grid cannot […]

The Balkan permitting gauntlet: Why renewable projects in Serbia still struggle with development risk Read More »

The Balkan permitting gauntlet: Why renewable projects in Serbia still struggle with development risk

Every renewable developer who has worked in Serbia understands a basic truth about the market: the hardest part of building a solar or wind project is not raising capital or installing equipment. It is surviving the permitting gauntlet. This gauntlet is not unique to Serbia; every emerging renewable market carries layers of administrative, spatial, environmental

Behind the kilowatts: The real economics of developing wind and solar in Serbia Read More »

Behind the kilowatts: The real economics of developing wind and solar in Serbia

Renewable energy development in Serbia has reached a stage where enthusiasm alone is no longer enough. Investors who once believed that solar could be built simply by acquiring land and signing EPC contracts have learned that the economics of development are far more complex. Wind developers who assumed that early resource assessments guaranteed long-term bankability

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader Read More »

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant. Political caution, regulatory hesitation and infrastructural bottlenecks slowed momentum. Yet beneath the surface, a transformation was quietly gathering force. Over the past five years, Serbia has entered a phase that would

Serbia warns Pancevo refinery will shut down without new U.S. license Read More »

Serbia warns Pancevo refinery will shut down without new U.S. license

Serbian President Aleksandar Vučić announced that the Pančevo refinery, operated by oil company NIS, will be forced to halt operations on 2 December unless the United States grants a license allowing the company to continue working under the existing sanctions framework. President Vučić warned that, without this authorization, Serbia will need to secure alternative channels

Hungary considers expanding energy footprint from Russia to Serbia’s NIS Read More »

Hungary considers expanding energy footprint from Russia to Serbia’s NIS

During a meeting in Moscow between Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orbán, the two leaders discussed the possibility of Hungary acquiring stakes in Russian oil companies impacted by the latest round of US sanctions. Russian Deputy Prime Minister Alexander Novak emphasized that Hungary has been a longstanding and reliable energy partner

From contractor to kingmaker: Is MOL preparing to shape the fate of Serbia’s energy monopoly? Read More »

From contractor to kingmaker: Is MOL preparing to shape the fate of Serbia’s energy monopoly?

For more than a decade, Serbia’s power sector has been defined by stagnation, delayed modernisation, and the slow unraveling of a once-dominant state monopoly. Elektroprivreda Srbije (EPS), the country’s vertically integrated electric-power utility, remains one of the largest state-owned enterprises in Southeast Europe—responsible for the country’s generation, distribution, mining and critical infrastructure stability. But it

MOL’s potential takeover of NIS: What merger rules mean for Serbia’s oil market Read More »

MOL’s potential takeover of NIS: What merger rules mean for Serbia’s oil market

Although the chief of staff to Hungarian Prime Minister Viktor Orbán stated that negotiations between MOL and the majority owner of Serbia’s oil company NIS are still in their early stages, the transaction increasingly appears likely. The impression is strengthened by Orbán’s recent meeting with Russian President Vladimir Putin — and by the Hungarian leader’s

Serbia: EMS launches €50 million Belgrade 50 substation project under BeoGrid 2025 expansion plan Read More »

Serbia: EMS launches €50 million Belgrade 50 substation project under BeoGrid 2025 expansion plan

Serbia’s electricity transmission operator EMS has signed a contract with a consortium of construction firms to build the new 400/110 kV Belgrade 50 substation in Ugrinovci. The project, worth around 50 million euros, is scheduled for completion in 2027. The substation will feature complete 400 kV and 110 kV switchyard systems, a 400/110 kV transformer

Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm Read More »

Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm

State-owned power utility EPS has confirmed that construction of the Kostolac wind farm has been completed and that the facility has started generating its first megawatt-hours. After receiving approval for grid connection, the first turbine was energized, initiating the project’s trial operation phase. EPS management emphasized that this milestone marks the company’s formal entry into

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