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Serbia: Fortis Energy plans renewable energy investments in Bujanovac

Turkish company Fortis Energy has expressed its interest in investing in renewable energy projects in the Bujanovac area, according to the municipality’s President, Arber Pajaziti. Pajaziti highlighted that Bujanovac is an ideal location for solar and wind energy production due to its abundance of sunshine, offering a unique opportunity to attract strategic investments and create new jobs.

In August 2024, Fortis Energy, along with its local subsidiary and Chinese company PowerChina International Group Limited, signed a framework agreement to cooperate on the development and construction of wind and solar power projects in Serbia and the broader region.

Fortis Energy is already active in Serbia, working on several renewable energy projects. These include the development of wind farms with a total capacity of 509 MW and solar projects totaling 387 MW. In August 2024, the company announced that it had secured preliminary permits for three wind projects in Serbia: Vranje (171 MW), Gornjak (194.4 MW), and Juhor (144 MW). All these projects are expected to be completed by the end of 2026.

Additionally, in July 2024, Fortis Energy revealed that it had acquired a 180 MW solar project with an energy storage system (BESS) in Sremska Mitrovica. This project is expected to become one of the largest solar power plants and energy storage systems in southeastern Europe. The company plans to install a BESS with a capacity of 36 MWh, with construction of the solar complex scheduled to begin in 2025.

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