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November 29, 2021

Agrosolar Kula PV Park, Serbia

By Carmen

Agrosolar Kula PV Park is a 660MW solar PV power project. It is planned in Vojvodina, Serbia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in April 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 660 660 Permitting Vojvodina, Serbia Fintel Energija; MK Group

Description

The project is being developed by Fintel Energija and MK Group. These companies also have ownership stakes in the project.

Agrosolar Kula PV Park is a ground-mounted solar project which is planned over 700 hectares.

The project is expected to generate 832GWh electricity and supply enough clean energy to power 200,000 households. The project cost is expected to be around $401.438m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in April 2022.

About MK Group

MK Group d.o.o. is engaged in the production and trading of agricultural products. The company produces sugar beet, corn, wheat, barley, rapeseed and other crops. The company also trades with agricultural products and artificial fertilizers, pesticides, mercantile and seed corn.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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