Hive Energy to Connect Four Solar Parks to Serbia’s Grid, Adding 216.5 MW

British developer has received authorization to connect four solar parks to Serbia's , contributing a combined power generation capacity of 216.5 MW.

The UK-based company anticipates advancing urban planning procedures in the upcoming months.

These photovoltaic (PV) projects are equipped with integrated energy storage systems, constituting 10% of the total PV capacity. The Pirot and Prokuplje schemes, with capacities of 50 MW and 40 MW respectively, are currently undergoing urbanization planning and are projected to become shovel-ready between the last quarter of 2024 and the first quarter of 2025. Subsequently, Veliko Gradiste I and II, boasting capacities of 71.5 MW and 55 MW respectively, are expected to attain ready-to-build status a few months later.

These four projects are part of a 490-MW Serbian portfolio for which Hive Energy secured land last year. The company disclosed its intention to finalize more grid-connection contracts this month, with additional applications being prepared for seven schemes totaling 500 MW.

Hive Energy established an office in Belgrade in May 2022, aiming to serve as a regional hub for Serbia, Bosnia, and . As of early 2023, it reported having 2.2 GW of Serbian solar projects under development.

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