China’s Power China has expressed interest in investing in projects to develop renewable energy sources and modernize the energy grid in Serbia. This was announced by Serbian President Aleksandar Vučić following a meeting with company representatives, according to Serbian Economist, citing his Instagram post and a note by eKapija.
According to Vučić, the talks “explored opportunities for new projects in Serbia, especially in the field of renewable energy and power grid modernization,” with “company representatives expressing great interest in further investments in clean and low-carbon energy, as well as in upgrading existing infrastructure.” The meeting took place in Beijing as part of a series of contacts between the Serbian delegation and major Chinese corporations.
Power China is already involved in infrastructure projects in Serbia (in particular, in work on the first line of the Belgrade metro and the National Stadium). Earlier, in January 2024, the authorities announced agreements with China for €2 billion in investments in wind and solar power stations and hydrogen production — the largest package for the republic’s green energy sector at that time.
Source: https://t.me/relocationrs
