The Serbian Ministry of Mining and Energy has recently signed a memorandum of understanding (MoU) with Shanghai Fengling Renewables and Serbia Zijin Copper, outlining a plan to construct renewable energy projects in Serbia. The proposed plan includes the construction of wind and solar projects with a combined capacity of 2 GW, as well as a green hydrogen production facility with an annual output of 30,000 tons.
According to the Association of Renewable Energy Sources of Serbia, the country has installed around 60 MW of solar. However, that figure is not exact, as there is no official registry for solar installed for self-consumption at this stage. Last April, Serbia switched on its largest utility-scale ground on grid solar system and rooftop on grid solar syste, however, solar storage system is not yet in the planning blue print of Serbian Ministry of Mining and Energy
The proposed 1.5 GW wind and 500 MW solar projects will be aimed at increasing Serbia's renewable energy capacity and reducing the country's reliance on fossil fuels. These projects will also help Serbia to meet its goals under the Paris Agreement, which aims to limit global warming to well below 2 degrees Celsius.
The green hydrogen production facility will utilize renewable sources of energy to produce hydrogen, thus avoiding the production of greenhouse gas emissions that typically accompany traditional hydrogen production methods. The facility will produce 30,000 tons of green hydrogen annually, which can be used to power homes, vehicles, and industry.
The project is expected to break ground in the first quarter of 2025. The first phase is to be delivered by mid-2026. Djedovic Handanovic said that the project would create between 300 and 500 jobs.
This MoU represents a significant step forward for Serbia's renewable energy sector and marks another successful expansion of Chinese companies into the European renewable energy market.
