Serbia’s second renewable energy auction for wind and solar power, announced in late 2024, successfully allocated all available capacity, with applications closing in early 2025.
Wind projects saw competitive bidding, with five companies securing contracts at prices ranging between approximately €53–68 per MWh. Solar energy attracted significantly higher interest, with demand far exceeding the offered quota.
Multiple companies secured solar contracts, with winning bids priced between roughly €51–58 per MWh. The results reflect growing momentum in renewable energy investments, particularly in solar, which saw stronger participation compared to earlier.
This information is prepared by expert members of JPM’s Energy department, Senior Partner Jelena Gazivoda, Partner Nikola Đorđević and Senior Associate Marko Mrđa.
