solar projects

Serbia solar-and-storage portfolio faces delays in supervision, financing and grid work

Serbia’s largest announced solar investment has not been formally cancelled. There has been no public cancellation of the strategic partnership with UGT Renewables and Hyundai Engineering, and no official statement says the state has abandoned plans for a self-balancing solar portfolio for Elektroprivreda Srbije (EPS). The project has moved from political announcement into a phase involving financing, procurement, supervision, spatial planning, grid integration and bankability. The programme is not structured as a single merchant solar plant on one site. Serbia…