In the framework of the project, Euro Solar Park has established a strategic collaboration with a leading Chinese renewable energy developer, according to a press release issued by the Vranje Municipality.
Construction will reportedly be completed in several phases and the whole project will be implemented over a five year period. In the first phase, an up to 10 MW pilot project, located in Ranutovac across an area of ??30 hectares, will be installed.
The company is said to be in the final stage of negotiations with Serbias Ministry of Infrastructure and Energy, in order to realize the final Power Purchase Agreement (PPA) for the pilot project. Euro Solar Park intends to apply for a national tariff for an initial capacity of 10 MW, while the rest of the green energy totalling 150 MW, is expected be exported from Serbia and sold on the EU market.
On August 23, the Vranje municipality announced the signing of a cooperation agreement with an unnamed Chinese company. The local authorities will provide locations and construction permits, while the Chinese will invest 300 million to set up five solar parks – in Kriva Feja, Babina Poljana, Gornje Zapsko, Donje Zapsko and Meteris – and a solar panel production factory.
According to the assistant mayor of Vranje, Boban Stankovic, construction work on the photovoltaic project should commence in April 2012. He pointed out that the main factor which attracted foreign investors to Vranje was that this area has a total of 276 sunny days during the year.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.