Serbia finances solar energy in 30 municipalities with 168 million dinars

The Serbian government invests 168 million dinars to equip public infrastructures with solar panels. Thirty municipalities benefit from this program as part of the country's energy transition.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Republic of Serbia is strengthening its commitment to renewable energy by allocating 168 million dinars (approximately 1.436 million euros) to equip public infrastructures with solar panels. This funding, implemented by the Ministry of Mining and Energy and the Ministry of Public Investments, targets schools, gyms, museums, and other buildings across 30 municipalities.

The distribution of funds was formalized during a ceremony in Ub, where Ministers Dubravka Đedović Handanović and Darko Glišić emphasized the importance of this program for local communities and economic competitiveness. “All municipalities must progress and improve citizens’ lives through innovative projects,” stated Darko Glišić.

Investments in energy transition

This program is part of a broader national strategy for energy rehabilitation of public buildings. Since 2020, the Ministry of Mining and Energy has allocated 4.63 billion dinars (39.574 million euros) for these efforts. In 2024, an additional 800 million dinars (6.838 million euros) were allocated to modernize public energy infrastructures.

The Serbian government aims to reduce the country’s reliance on fossil fuels while contributing to its climate objectives, including those set by the Paris Agreement and the European Green Agenda.

A strategic partnership with France

International cooperation also plays a key role in Serbia’s energy transition. The French Development Agency (AFD) actively supports this dynamic with a grant of 650,000 euros dedicated to developing tools for energy planning. Among these initiatives is a macroeconomic-energy model designed to project the economic, environmental, and social impacts of various energy scenarios by 2050.

This project, carried out in collaboration with the International Research Center for Environment and Development (CIRED) and Serbian academic institutions, aims to provide policymakers with reliable data to guide public policies.

Business and climate benefits

These initiatives also support the development of the renewable energy sector in Serbia, attracting both local and international investors. They strengthen the country’s competitiveness in global markets while consolidating national energy security.

By mobilizing these financial resources and international partnerships, Serbia aims to become a key player in the energy transition in the Western Balkans while meeting its European climate commitments.

Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.
Abunayyan Holding and US-based Nextracker launch an industrial joint venture in Riyadh to locally produce large-scale solar equipment for Saudi Arabia and the MENA region.
ENGIE North America has signed new power purchase agreements with Meta for a 600 MW solar project in Texas, bringing their renewable energy partnership in the US to over 1.3 GW.
OPES Solar Mobility launches Europe's first factory for flexible vehicle solar panels in Zwenkau, targeting truck, bus and utility vehicle markets across several continents.
Abu Dhabi has begun construction on the world’s first gigascale solar and battery storage project, capable of delivering 1GW of baseload renewable power, with operations expected by 2027.
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.
Swift Solar has installed its perovskite solar panels on a military site for the first time, as part of a US Department of Defense exercise testing energy resilience for critical infrastructure.
Mitsubishi Logistics has signed a virtual power purchase agreement with JERA Cross for 8MW of solar power, marking a new step in its energy strategies with investment plans through 2030.
The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.
Island Green Power opens a public consultation on design changes to its 500MW East Pye solar and battery storage project ahead of a permit application expected in early 2026.
US-based solar developer Ampliform secured a loan facility of up to $165mn to support large-scale energy projects in key regional markets, with a focus on the PJM grid.
More than 75 solar projects in the United States were tax-sheltered in Q2 through GameChange BOS transformers, responding directly to new U.S. Treasury requirements.
i Grid Solutions and Tokyu Land will develop an additional 200MW of on-site solar under power purchase agreements by 2029 through their joint venture TLC VPP, with an investment exceeding JPY20bn ($133mn).
US-based developer Janta Power secures funding to expand its vertical photovoltaic towers across data centres, airports, charging stations and critical infrastructure.
The global floating solar panel market could triple by 2030, supported by energy demand and favourable regulations, according to the latest double-digit annual growth forecasts.
SMFL Mirai Partners commits to purchasing fifty low-voltage solar plants from GreenEnergy Plus, targeting 50MW installed capacity by fiscal 2030 to strengthen its supply strategy for private power purchase agreements.
Recurrent Energy, a subsidiary of Canadian Solar, secured $825mn to develop a 150 MWac solar plant and a 600 MWh storage site in Maricopa County, in partnership with Arizona Public Service.
Canadian firm Stardust Solar grants its first African franchise to Megatricity Energy in Zambia, launching a new phase of expansion into emerging solar energy markets.
French energy company elmy finalises a €3.5mn bank loan with Caisse d’Epargne Rhône Alpes to fund 13 new photovoltaic plants with a combined capacity of 3.6 MWp.
Ampyr Solar Europe has connected a 45MWp solar cluster to the grid, made up of three sites spanning 40 hectares in Germany, supplying electricity to 13,000 households.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.