In a somewhat paradoxical turn of events, the war in Ukraine has spurred intensive political battles between Ukraine and some allies over wheat exports—but Serbia, which has attempted to play a neutral role during the war, is now dealing with a surplus of corn and sunflower, primarily do to logistics issues brought on by the
Chinese mining group Zijin Mining signed a memorandum of understanding (MoU) with the Serbian government that will see it follow up on previous copper mining investments with plans to invest a total of up to USD 3.8 bln in Serbia. The group will continue to invest in copper mining, but it also will invest in
Serbian alternative power company Untermolo will build a 5 MW solar power plant in Subotica, designated Bikovo 1, to follow the Bikovo power plant, with both plants using the same switchgear facility, according to press reports. The municipal government of Subotica gave a positive environmental assessment decision on Bikovo 1, according to business news site
DS Smith, a leading sustainable packaging provider, today announced it has entered into an agreement to acquire Bosis D.o.o., a high-quality packaging company in Serbia. Miles, Roberts, group CEO, noted increasing demand for green packaging, with the acquisition expected to be completed within “the second half of DS Smith’s financial year.” “We are seeing significant
Construction officially began at the 9.95 MW Saraorci solar power plant July 18, a PowerChina and German AVR Solar Park joint-project that is the most recent alternative energy project to get under way in Serbia. “The solar potential of Serbia is about 30 percent higher than the potential of Germany, which is one of the
Serbia appears to still be going all-in on Solar, with more solar farms in the start-up phase or destined to come on line, such as a farm in Kovin and a possible investment in Leskovac. This week Leskovac Mayor Goran Cvetanovic highlighted meetings with Danish Europoean Energy, which is discussing the potential of building a
German biogas producer Wabio Investment Holding is set to break ground on the construction of a new production facility April 24, part of an overall plan to become a major contributor to Serb’s commitment to renewable energy through some EUR 400 mln in Serbian investment. The Nova Crnja plant will represent some EUR 20 mln
International mining giant Rio Tinto does not appear to have given up on lithium mining in Serbia, with various Serbian media reporting that it continues to attempt to gain permitting—but not without more than a few bumps along the way. The company, according to the Renewables and Environmental Regulatory Institute (RERI), as cited by ekapija.com,
The European Bank for Reconstruction and Development (EBRD) has reportedly approved and signed off on a loan of EUR 300 mln to Serbian national power company EPS to bolster liquidity, which is part of a larger move toward environmental responsibility in the country. The loan agreement signing took place March 16 in the presence of
Serbia is continuing to see alternative energy investment, with Serbian Solar S2022 planning to construct a 10 MW solar farm in Bikovo, Subotica. The investment was in part revealed through zoning/investment plans, according to ekapija.com, which noted that there will be an “infrastructural complex” next to the “former Azotara facility.” s can be seen from
