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Successful bid price of hybrid solar storage project in Serbia 2025

The ministry reported that the winning solar projects received a price of €50.9/MWh, while the winning wind projects received €53.5/MWh, significantly lower than the maximum permitted bids of €72/MWh and €79/MWh, respectively.
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About Successful bid price of hybrid solar storage project in Serbia 2025

About Successful bid price of hybrid solar storage project in Serbia 2025

The ministry reported that the winning solar projects received a price of €50.9/MWh, while the winning wind projects received €53.5/MWh, significantly lower than the maximum permitted bids of €72/MWh and €79/MWh, respectively.

As the photovoltaic (PV) industry continues to evolve, advancements in Successful bid price of hybrid solar storage project in Serbia 2025 have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

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4 FAQs about [Successful bid price of hybrid solar storage project in Serbia 2025]

How much does electricity cost in Serbia?

Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for electricity from photovoltaic plants is EUR 72 per MWh, while it was EUR 90 per MWh last time.

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 many applications were submitted for market premiums in Serbia?

Forty applications were submitted for market premiums within the procedure for the second round of renewable electricity auctions in Serbia, Balkan Green Energy News learns. The call for wind and solar power projects was launched in late November and the deadline for applications expired on February 5.

Who owns the large-scale solar and battery energy storage project?

Delivering the utmost flexibility to the Serbian government, the Large-Scale Solar and Battery Energy Storage Project being developed by UGT Renewables will be owned and operated by Electric Power Industry of Serbia (EPS) once completed.

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