EBRD Invests $109.5 Million in Serbia's Largest Solar-Thermal Power Plant
2024-12-31
pv magazine International
The European Bank for Reconstruction and Development (EBRD) is providing significant funding for a large-scale solar-thermal power plant in Novi Sad, Serbia, with an investment of up to €105 million. This project aims to reduce the district heating agency's reliance on natural gas by approximately 29%, promoting sustainable energy and reducing carbon emissions. By leveraging renewable energy sources, Serbia is taking a crucial step towards a greener future, aligning with global efforts to increase energy efficiency and reduce greenhouse gas emissions. This investment is expected to have a positive impact on the environment and the local community.
