Serbia launches tender for 124.8MW of new solar capacity

Facebook
Twitter
LinkedIn
Reddit
Email
A Serbian solar project.
Serbia plans to award 1.3GW of renewable energy capacity across three government auctions. Image: Serbian Ministry of Energy and Mining.

Serbia has launched its second renewable energy auction, seeking 124.8MW of solar capacity alongside 300MW of wind capacity.

The auction is backed by the European Bank for Reconstruction and Development (EBRD), and successful bidders will be awarded a contract for difference (CfD) scheme to last 15 years. Solar projects will be able to make bids for as high as €72/MWh (US$76.2/MWh), slightly lower than the €79/MWh (US$83.6/MWh) offered for wind, and applicants will have until 5 February 2025 to make proposals.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This week’s auction is the second phase in a three-stage programme to expand operating renewable energy capacity in Serbia through government-backed tenders. The first auction, completed last year, saw bids made for 400MW of wind, plus 50MW of solar, so the latest round of auctions has seen interest in the solar sector grow.

“We expect that investors will again show significant interest in this auction and that the entire quota will be used, both for wind energy and for solar energy, and we hope for even more competitive and lower prices, because we expect great competition,” said Dubravka Đedović Handanović, Serbian minister of mining and energy.

“This will bring us closer to achieving the goal foreseen in the three-year incentive plan for renewable energy sources (RES), which envisages 1,300MW of new capacity from RES,” the minister added, referring to the overall capacity targets of the three-stage auction plan.

The call for proposals follows cooperation between the EBRD and the Serbian Ministry of Mining and Energy, which received a grant from the Swiss State Secretariat for Economic Affairs (SECO), as Serbia looks to leverage government support to accelerate its renewable energy plans. At this week’s Large Scale Solar Central Eastern Europe event, held in Warsaw, Dr Konrad Wojnarowski, undersecretary of state at the Polish Ministry of Development Funds and Regional Policy, said that a combination of public and private finance would be vital if Eastern Europe is to meet its renewables power targets.

The use of CfDs in both the first two rounds of the Serbian auction echoes other calls made at this week’s summit, where speakers suggested that the use of CfDs could help deliver “acceptable” returns for parties involved in offtake agreements. Serbia plans to dramatically alter its energy mix in the coming years, aiming to add 3.5GW of renewable power capacity by 2030 and meet half of its electricity demand with clean energy sources by the end of the decade.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

Premium
June 30, 2025
Solargis CEO Marcel Suri explores three areas where new standards could help underpin greater efficiency, accuracy and market resilience.
June 30, 2025
Eni subsidiary Plentiude has started operations at the northern block of its 330MW Renopool solar portfolio in Spain.
June 27, 2025
The UK government has decided it will not sign a Contract for Difference (CfD) with Xlinks for the 11.5GW Morroco-UK interconnector project.
June 27, 2025
Statkraft has signed PPAs with Better Energy to purchase energy from two solar power plants in Poland with a total capacity of 64GWh.
June 27, 2025
PV Tech spoke to Monika Paplaczyk about recent changes in the UK energy mix and opportunities for investors in the solar sector.
Premium
June 27, 2025
PV Talk: '2024 was a transformational year in terms of energy policy,' says Monika Paplaczyk ahead of this year's Clean Power 2030 Summits.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico