Supply of Serbian solar GOs is likely to increase from 2028 as state-owned utility EPS is planning to launch 1 GW unsubsidised solar project.
Construction of the project which would also include battery storage is expected to start in 2024 and once operational should produce 1.2 TWh annually. To put it into context, Serbia issued 3.6 TWh of GOs in 2022 and cancelled 1.64 TWh, according to the latest AIB statistics.
The utility is expected to launch its first wind project in the first half of 2025 – 66 MW Kostolac wind farm (expected production 187 GWh per year). In the same period, EPS’s first solar power plant Petka (9.75 MW) should also be completed. The new proj…
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