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EBRD lends up to 105 million euros to Serbia to decarbonise district heating
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to 105 million euros to Serbia, through the Ministry of Finance, to benefit Novosadska Toplana Novi Sad, the district heating company of Novi Sad. The…
Second Hottest November in History Signals Climate Record
The European Commission-funded Copernicus Climate Change Service has released its latest monthly climate bulletin. Data for November 2024 confirm a concerning trend of global warming, suggesting that this year is likely to become the hottest year on record. The global…
Construction Progresses on the „Kostolac” Wind Farm
The construction of the „Kostolac” wind farm is currently underway, set to provide electricity for over 30,000 households. This 144 million euros investment is financed through German development cooperation: KfW Bank has provided a 110 million euros loan, while the…
Record Budget for Serbia’s Agriculture Allocated for 2025
The Ministry of Agriculture, Forestry, and Water Management announced that the Law on the Budget of the Republic of Serbia for 2025 allocates a record 149.5 billion dinars for agriculture, accounting for 7.5 percent of the total budget revenues for…
Adoption of the Draft Law on Amendments to the Energy Law
The National Assembly of Serbia has adopted the Draft Law on Amendments to the Energy Law, marking a significant step toward fulfilling the country’s obligations to the Energy Community. According to Dubravka Đedović Handanović, the Minister of Mining and Energy,…
The Energy Sector Rated Highest According to the White Book of the Foreign Investors Council
According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for the energy sector, significant progress has been achieved…
What Changes in the Energy Law Bring for the Renewable Energy Sector
The draft amendments to Serbia’s Energy Law introduce significant changes regarding the connection of power plants to the distribution system, especially for plants utilizing renewable energy sources. It is prescribed that the connection procedure begins with the submission of a…