Novi Sad Solar Park
Utility-scale generation adjacent to a strong 110 kV node serving the Novi Sad industrial belt, with land and permitting advanced and an optional 30 MWh storage phase.
Capacity
72 MWp
Development stage
Late-stage development
Location
Novi Sad, Serbia
Timeline
Construction Q3 2027 — COD Q2 2029
Total capex
EUR 46m
Including grid works
Target equity IRR
11.8%
Base case
JV structure
50 / 50
Development carry retained
Offtake horizon
12 years
Utility PPA under discussion
Investment opportunity — Joint venture · EUR 46m
Schedule an investment meetingProject gallery
Drone photography & site views
Technical specifications
Engineered to bankable standards
Installed capacity
72 MWp / 60 MWac
Annual yield
101 GWh
Storage option
30 MWh, 2h duration
Grid connection
110 kV, in process
Land
112 ha secured
CO₂ avoided
57,000 t / year
Serbia
Novi Sad, Serbia
Construction timeline
Project lifecycle
2025
Site identification & land options
2026
Grid study submitted
2027
Permits & construction start
2029
Commercial operation
