Vucic: Power from new solar plants to replace Serbia's winter electricity imports

BELGRADE - Electricity generated by new solar power plants will replace Serbia's costly electricity imports during the winter season, Serbian President Aleksandar Vucic said after the signing of an agreement with a consortium between Hyundai Engineering and UGT Renewables on building self-balanced solar power plants that will ensure 1 GW of power generation capacity to Serbia.

"On average, we will be able to produce an estimated 1.6-1.8 TW. That is incredibly important for our system, because that is exactly the amount of electricity we import every year, and we usually import it when it is the most expensive and the most in demand in the Western Balkan market," Vucic said.

"Firstly, this is a part of what we have been talking about as the most important job we must finish before 2027, and it has to do with energy safety and security and the ability to have...