BELGRADE, Jan 28 (Reuters): China has agreed to invest 2 billion euros ($2.18 billion) in Serbia to build wind and solar power plants and a hydrogen production facility, the biggest investment in renewable energy in the Balkan country to date, Serbia's mining and energy ministry said in a statement.
A memorandum of understanding (MOU) between the ministry and China's Shanghai Fengling Renewable Co Ltd and Serbia Zijin Copper, a local subsidiary of Zijin Mining, was signed on Friday.
The MOU envisions the construction of a 1,500 megawatt (MW) wind farm, a 500 MW solar plant and a hydrogen plant with an annual capacity of about 30,000 metric tons by 2028, the statement said, with Shanghai Fengling Renewable as the principal investor.
Serbia secures $2.2b investment from China for renewable energy facilities
FE Team | Published: January 28, 2024 23:24:37
Serbia secures $2.2b investment from China for renewable energy facilities
Share if you like