battery storage

Fortis and İnelso Invest €25.5 Million in Serbian Solar-Storage Project

Fortis Energy and İnelso Energy Systems have agreed to invest €25.5 million in a 30 MWp solar-plus-storage project in Vojvodina, as Serbia’s renewable-energy market develops financing models combining contracted and merchant electricity revenues. Located about 33 km from Belgrade, the project has reached ready-to-build status and is expected to obtain its construction permit shortly. Annual generation is projected to exceed 40 GWh. Turkish company Enkraft Energy will assume full engineering, procurement and construction responsibility, making the project its first Serbian…