Serbia: Establishment of Renewable Energy Sources of Serbia association

, News Serbia Energy

In cooperation with the European Bank for Reconstruction and Development (EBRD), companies engaged in the production of electricity from renewable energy sources have established the Renewable Energy Sources of Serbia association, on 1 March. The association was founded with the aim of contributing to the improvement of the business environment in the field of renewable energy, the transition from fossil fuels to renewable energy sources, raising awareness of the importance of renewable energy and environmental protection, the decarbonization of Serbia and the global fight against climate change.

The founders are licensed RES producers of electricity, which have built wind farms in Serbia with over 300 MW of total installed capacity and the investments exceeding 600 million euros: Vetroelektrane Balkana (wind farm Cibuk 1), Electrawinds K-Wind (wind farm Kovacica) and Electrawinds-S (wind farm Alibunar). The statement from the association said that renewable energy sources are the future of global energy and the biggest support to the sustainable development and the fight to decarbonize the planet. In the past years, Serbia has made considerable progress in the field of renewable energy, and the new association will try to further improve the position of renewable energy sources in Serbia. The association invited all interested companies and individuals active in solar energy, biomass, biogas, geothermal energy and wind energy to join them to the end of making a joint contribution to the positioning of the RES industry as the leader in Serbia’s energy sector and economy.