February 13 (SeeNews) - British company Hive Energy is planning to develop fourteen projects in Serbia with a total capacity of 2.2 gigawatts (GW), it said.
The company has secured land for three of these projects with a combined capacity of 450 MW, it said in a statement last week.
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Hive Energy expects to secure land for an additional project at 40 MW in the coming months and by mid-2023 hopes to secure land for a further 290 MW.
Approached by SeeNews for information on the size of the investment on Monday, the company said that they are unable to disclose any additional details surrounding technology, financing, or locations until the projects progress further.
Hive Energy, which opened an office in Belgrade in May, added that it is also exploring options in Bosnia and Montenegro.
Established in 2010, Hive Energy offers large-scale sustainable green energy solutions, operating in over twenty countries worldwide.