Serbia s wind and solar complementary bidding for telesolar container communication stations

4 FAQs about [Serbia s wind and solar complementary bidding for telesolar container communication stations]

How many MW of new solar & wind power is available in Serbia?

The Ministry of Mining and Energy in Serbia has allocated a combined 645 MW of new solar and wind power capacity in its 2nd renewable energy auction round for market premiums through a contracts for difference (CfD) scheme. This round was oversubscribed with the offered quota of 424.8 MW capacity significantly exceeded.

What is the quota of wind power in Serbia?

At the first auctions, the wind quota was 400 MW while the one for photovoltaic projects amounted to 50 MW. There are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Serbia changed both the price ceiling and the criterion for evaluating the bids.

Is Serbia ready to scale up wind & solar energy?

“Following the success of last year’s auction, this second step towards fulfilling the 1,300 MW three-year plan announced by Serbia is an important signal to investors and all market participants about the country’s commitment to scaling up wind and solar energy,” said Matteo Colangeli, the EBRD’s regional director for the Western Balkans.

How much does a wind farm cost in Serbia?

The auction attracted seven applications for wind farm projects and 34 solar projects. The winning bids offered prices as low as EUR 50.9 (USD 53.28) per MWh for solar and EUR 53.5/MWh for wind, which are below current market levels and below those achieved in Serbia’s first renewable energy auction in August 2023.

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