Media Center > News > Fortis Energy and POWERCHINA collaborate on 850 MW renewable energy projects in Serbia. Fortis Energy and POWERCHINA collaborate on 850 MW renewable energy projects in Serbia.
In April 2023, renewable energy investor CWP Europe and PowerChina Resources signed an investment contract for a wind farm in Serbia, called Vetrozelena. In May this year in the village of Saraorci, near Smederevo, German firm AVR Group and PowerChina inaugurated a 9.9 MW solar power plant.
Of note, it has also taken over two biogas power plants in Pančevo, Serbia. The projects outlined in the agreement represent a combined capacity of over 850 MW, which will contribute substantially to the region’s energy mix and support the transition to a low-carbon economy, Fortis Energy said.
Of note, PowerChina is already present in the Serbian market. Back in 2021, the company announced that it wanted its first European renewable energy investment to be realized in Serbia. In April 2023, renewable energy investor CWP Europe and PowerChina Resources signed an investment contract for a wind farm in Serbia, called Vetrozelena.
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