Solarina, a local company owned by CWP Europe, has signed agreements with Serbia’s state-owned power utility, EPS, concerning the purchase of electricity, the transfer of balancing responsibility, and a market premium contract. These agreements stem from a recent renewable energy auction organized by the Serbian Government.
As part of the auction, Solarina secured the right to a market premium for a planned 105 MW solar power plant. The agreed price for supplying electricity to EPS is set at 52.89 euros per MWh.
Once completed, the Solarina solar power plant will be Serbia’s first large-scale solar facility, with an installed capacity of 150 MW. This will more than double the country’s existing solar capacity. The project continues the collaboration between EPS and CWP, which started with the signing of an agreement for the Vetrozelena wind farm. The combined annual electricity production from the wind farm and the solar plant is expected to reach approximately 1 TWh, with all generated energy earmarked for the domestic market.
CWP Europe is currently working on energy projects across the region, with a total capacity exceeding 10 GW, including in Serbia, Bulgaria, Romania, Montenegro, Albania, North Macedonia, Croatia, Moldova, and Ukraine.
