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Mihajlovic with an Israeli company on investments in the development of RES

Mihajlovic with an Israeli company on investments in the development of RES

Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, PhD, talked today with representatives of the Israeli company "Sunsa Group", led by Moshe Lifshitz, regional coordinator for the Balkans, about the company's investments in the development and construction of electricity capacity using RES.

Mihajlovic said that the Ministry is open for cooperation with private companies in the process of energy transition and realization of the green agenda, emphasizing that Serbia has great potentials for the development of capacities that use RES for energy production.

"The memorandum we recently signed for Israel is the basis for further development of energy relations, especially in the field of RES, where Israeli companies already exist, and we certainly want even more Israeli investors to invest in green energy. Serbia is clearly committed to sustainable, green energy and increased energy security, and all companies wishing to participate in the process are welcome. We have passed a new, first special Law on the Use of RES, which created the basis for new investments. Our goal is to have a 40 percent share of RES in the energy mix by 2040. The obligation of the transmission system operator is to enable the connection of new capacities to the network, and the state will help create all conditions, because only together, the state, public and private sector can contribute to the development of this sector and energy stability, "said Mihajlovic.

"We have experience and knowledge about solar energy, ie about the technologies used for the construction and management of solar power plants. We want to invest in new capacities in the next two or three years, primarily in solar power plants, and I think that would be just the beginning. "Thanks to the good cooperation between Serbia and Israel, and having in mind the Memorandum of Cooperation in the field of RES and the experience of other Israeli companies, we are interested in doing business in the Serbian energy sector," Lifshitz said.