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January 4, 2022

Srednje Kostlacko Ostrvo Solar PV Park, Serbia

By Carmen

Srednje Kostlacko Ostrvo Solar PV Park is a 97.2MW solar PV power project. It is planned in Southern and Eastern Serbia, Serbia. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 97.2 97.2 Announced Southern and Eastern Serbia, Serbia Elektroprivreda Srbije

Description

The project is being developed and currently owned by Elektroprivreda Srbije.

Srednje Kostlacko Ostrvo Solar PV Park is a ground-mounted solar project which is planned over 270 hectares.

The project is expected to generate 115,000MWh of electricity. The project cost is expected to be around $91.56m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.

About Elektroprivreda Srbije

Elektroprivreda Srbije, or the Electric Power Industry of Serbia (EPS) is a government energy company in Serbia. The company generates, distributes and transmits electricity. EPS operates, thermal, hydro, gas and liquid fuel power plants with an installed capacity of 8,359 MW. EPS operates four open pit mines to extract coal along with the processing and transportation of coal. Furthermore, EPS offers services in the areas of steam and hot water production in combined heating processes. EPS is a vertically organized company, with 11 subsidiaries and three public enterprises which include eight companies for coal and electric power generation and six for electric power distribution. EPS is headquartered in Belgrade, Serbia.

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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