Business news from Ukraine

Business news from Ukraine

Swiss company announced plans to invest 50 million euros in construction of solar power plants in Serbia

1 October , 2025  

The Swiss company SSWISS GROUP AG, owner of the Swiss Solar brand, has announced plans to invest 50 million euros in the construction of solar power plants with a capacity of up to 50 MW in Serbia.

The project is being realized together with local partners and state structures, B92 news agency reported.

Serbia receives more than 2,000 hours of sunshine per year and is seeking to diversify its energy mix. According to the government, the share of solar energy in the electricity production structure is still around 4-5%, but significant growth is planned in the coming years through private and public investments.

Serbia’s solar energy market is actively developing:

– South Korean KHNP signed a memorandum of cooperation in the field of renewable sources;

– French EDF is preparing a study on the potential of green generation;

– Chinese and Italian companies are negotiating the construction of solar parks in Vojvodina and Central Serbia.

Experts say that the new projects will reduce the country’s dependence on imported gas and oil and make Serbia one of the regional centers of green energy in the Balkans.

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