Contract for 1 GW of solar power

10/16/2024
Signed contract on implementation of the project for construction of solar power plants on the territory of six local self-governments in Serbia



On 16 October, representatives of the Government of the Republic of Serbia, Elektroprivreda Srbije and the consortium of Hyundai Engineering and UGT Renewables signed the contract on implementation of the project for construction of solar power plants on the territory of six local self-governments in Serbia.

It is a project for construction of self-balanced high-cpacity solar power plants, with a total installed capacity of 1 GW and battery systems for electricity storage with a total installed capacity of 200 MW.

The contract was signed at the Presidency of the Republic of Serbia by the Minister of Mining and Energy Dubravka Đedović Handanović, EPS General Manager Dušan Živković, UGT Renewables CEO Adam Cortese, Hyundai Engineering President and CEO Hyeon-Sung Hong and Hyundai Engineering Belgrade Branch Strategic Manager Sang Min Park. The signing of the contract was attended by the President of the Republic of Serbia Aleksandar Vučić, U.S. Ambassador Christopher Hill and South Korean Ambassador Jaewoong Lee.


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