Serbia completes second renewables auction with EBRD support
Serbia, Feb. 25 -- The European Bank for Reconstruction and Development (EBRD) has supported the Ministry of Mining and Energy in designing and implementing Serbia's second renewables auction through technical assistance, co-funded by the Swiss government via SECO. The success of this process is reflected in the strong investor interest and highly competitive prices, with up to 10 new wind and solar power plants set to be built.Investors submitted 41 project proposals in the second auction round, significantly exceeding the offered quota of 424.8 MW for solar and wind power. The total capacity of the plants that has won support is up to 645 MW. Seven projects were submitted for wind farms, while 34 applications were received for solar power...
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