/LONDON, November 10, 2021, 9:15 GMT, Tanjug, Serbian Ministry of Mining and Energy, RENEWABLE MARKET WATCH^TM/ Serbian Minister of Mining and Energy Zorana Mihajlovic met on 19 November 2021 with representatives of the Chinese machinery company Sinomach. They discussed potential investments in the development of the energy sector and the economy in the context of Serbia's potential in the electricity and renewables sector.

/28^th January 2021, Vanora Bennett, EBRD, RENEWABLE MARKET WATCH^TM/ The Organisations behind the Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine agreed to join efforts to support the transition away from coal and towards a low-carbon and climate-resilient future in the Western Balkans and Ukraine. Participants including the European Bank for Reconstruction and Development (EBRD),World Bank Group, the College of Europe (Natolin campus), the Energy Community Secretariat, the European Commission and the government of Poland kicked off discussions on how to support the regions in phasing out coal while supporting local communities that remain economically dependent on the coal industry.

/1^st October 2020, EBRD, RENEWABLE MARKET WATCH^TM/ The EU has one of the most ambitious energy and climate policies in the world. Its clean energy transition is well underway. "I am glad that benefits already can be seen in terms of "greening" of economies, less dependency on imported fuels, and greater domestic investments in ecologically sound approaches", said Christian Danielsson, Director General for European Neighbourhood Policy and Enlargement Negotiations. 

/11^thMay 2018, Global Wind Service, RENEWABLE MARKET WATCH^TM/At the beginning of April 2018 Global Wind Service (GWS) reported half of the installation works at Alibunar Wind Farm in Serbia when a team of GWS technicians completed the installation of turbine number 12 out of a total of 21. Senvion awarded GWS with unloading, pre-assembly and installation of the 21 Senvion MM100 turbines.

/Belgrade, Serbia, September 23, 2024, 10:00 BST, Masdar/ Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, today announced the financial close for the 154 megawatt (MW) Čibuk 2 wind farm in Serbia. The financial close agreement was signed at a special ceremony on the sidelines of RES Serbia 2024 in the presence of Serbia’s Minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Taaleri’s Group CEO, Peter Ramsay and Taaleri Energia Managing Director, Kai Rintala.

/23^rd March 2016, RENEWABLE MARKET WATCH^TM/ MK Fintel Wind is now constructing its second wind farm project in Serbia – the 6.6 MW La Piccolina project in Vrsac, located in Vojvodina province and expects to commission it by the end of Q3 2016.

/7^thMay 2018, IFC, RENEWABLE MARKET WATCH^TM/ Fossil fuels are, worldwide, the most important energy resource at the moment. Still, at the same time, they are the main source of air pollution and excessive heating of the lower tiers of the atmosphere. In Serbia, more than half of electricity generation stems from outdated coal-fired plants.

/LONDON, December 12, 2022, 11:00 GMT, RENEWABLE MARKET WATCH^TM/ This market report offer an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2023 ÷ 2032. Newly installed PV capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032. Some countries can exceed their electricity production demand needs with the support of renewable energy. Furthermore, some Western Balkan countries are currently in various EU membership joining statuses.

/1^st April 2021, EBRD, Serbian Ministry of Mining and Energy, RENEWABLE MARKET WATCH^TM/ Deputy Prime Minister and Minister of Mining and Energy Prof. Zorana Mihajlovic talked at the end of March 2021 with the President of the European Bank for Reconstruction and Development (EBRD) Odil Rene-Baso, who is on a virtual visit to Serbia, and on that occasion signed a Memorandum of Understanding between the Ministry and EBRD, which aims to provide a framework for cooperation with the aim of improving air quality, promoting the use of renewable energy sources for the production and distribution of thermal energy in Serbia and increasing energy efficiency.

/12^th November 2019, RENEWABLE MARKET WATCH^TM/ The first wind and solar auctions are expected in Serbia in 2020. The projects that have already been started under a feed-in tariff mechanism will be completed under the existing regulations. According to the proposed amendments, incentive measures for privileged power producers would be given in the form of a premium, calculated as the difference between the price, with which the renewable energy producer has won the auction, and the market price of electricity. Furthermore, net metering for renewable energy is currently under consideration by the Ministry of Mining and Energy of Serbia. The country aims to cover 27% of its electricity demand with renewables by 2020, up from a target of 21.2% previously. Government plans assumed Serbia to add 1,092MW of installed renewable energy capacity by 2020, however at the end of 2018 if we exclude hydropower (most of which is large scale) the total cumulative installed renewable capacity in Serbia is only 399MW, according to calculations of the research department of Renewable Market Watch™. The biggest renewable energy progress in the country between 2015 and 2018 was due to wind energy projects.

/LONDON, March 16, 2023, 11:00 GMT, RENEWABLE MARKET WATCH^TM/ Between 2012 and 2022, the Western Balkan Countries increased their solar power capacity 11 times. Western Balkans became one of the fastest-growing regions in Europe, with a 28.1 per cent increase in cumulative solar photovoltaic (PV) installed capacity in 2022 compared with 2021. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries in this region is underdeveloped and is forecasted to grow significantly. Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032. Some countries can exceed their electricity production demand needs with renewable energy support.