May 22 (SeeNews) - Serbian company Subcarlito said it plans to build four solar power plants with a total capacity of over 11 MW in the northern city of Subotica.
The Alfa plant will have a capacity of 3.19 MW, the Delta plant - 3 MW, while the Beta and Gamma plants will have a capacity of 2.2 MW and 2.75 MW respectively, news provider eKapija quoted Subcarlito owner Karoly Kovacs as saying on Sunday.
You can download the 2024 Renewable energy in Southeast Europe report here
Construction works on the Beta and Gamma power plants is expected to begin by the end of this year, and the estimated value of the investment is 700-750 euro per megawatt.
According to the Serbian business registry, Subcarlito is wholly owned by private individual Karoly Kovacs. It was established in December 1997 with a capital of 30,337 dinars ($280/260 euro).
(1 euro = 117.272 dinars)