SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Serbia's EPS signs deal to buy electricity from Pupin wind farm

Mar 27, 2024, 2:32:40 PMArticle by Djordje Jajcanin
share
March 27 (SeeNews) - Serbia's state-owned electricity producer EPS said it has signed a deal with the local unit of Israeli renewables developer Enlight for purchasing electricity and assuming balancing responsibility for the 95.5 MW Pupin wind farm in Vojvodina.

Serbia's EPS signs deal to buy electricity from Pupin wind farm
Photo: EPS

The contract was signed for 15 years, said EPS acting director Dusan Zivkovic in a press release on Tuesday.

This is the second of a total of nine projects that received incentives at the first auctions for market premiums conducted by the energy ministry.

The energy generated from the Pupin wind farm will be able to supply about 40,000 households.

Following the signing of the deal, energy minister Dubravka Djedovic Handanovic highlighted the success of auctions in promoting renewable energy projects, aiming for a total of 1,300 new MW of capacity within three years.

This year, Serbia plans to launch new auctions, hoping for a capacity of 400 MW for both solar and wind farms, she said.

In June 2021, Serbia's Vojvodina autonomous province government issued a building permit for the Pupin wind farm.

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.