CWP Global has made progress with three new renewable energy projects in Serbia with 680 MW in total electricity generation capacity.
CWP Global intends to combine solar and wind power technologies with storage and install Serbia’s first hybrid power plant. The location of future Lederata Energy facilities comprises sites in Požarevac and Veliko Gradište in the country’s east. The company estimated the investment at EUR 200 million.
According to the announcement from the company, the project will be built in phases. The start of construction is planned for the first quarter of 2025, while the facility should be completed and commissioned at the beginning of 2027.
The solar power segment is projected at 50 MW, while wind turbines would have 100 MW of overall capacity. CWP Global said the storage unit at Lederata Energy would have 20 MWh. According to the update, the gross annual output is estimated at 380 GWh, which can fully cover the electricity demand of more than 90,000 households in Serbia.
The green electricity produced in these power facilities will reduce CO2 emissions by 410.400 tons annually, which represents direct support to Serbia’s energy transition process, according to CWP Global.
The Assembly of the City of Požarevac recently voted to start drafting the detailed regulation plan for Lederata Energy for 114 hectares. The deadline for the job is six months.