Serbia’s Mining and Energy Minister Dubravka Đedović Handanović held a meeting (on 10 November) with representatives of Chinese energy company “Shanghai Fengling Renewables” to discuss the company’s interest in developing renewables and green hydrogen projects in Serbia.
“Together with our strategic partners from the ‘Zijin Mining Group,’ they are considering the potential construction of a hybrid plant, a solar and wind power plant in the vicinity of Bor, which would produce green hydrogen and enable ‘Zijin’ to reduce costs. Investments of around two billion euros are planned in the development and construction of wind power plants and solar farms, energy storage for hydrogen production and hydrogen fuel energy production technology,” said Minister Đedović Handanović.
The minister added that the potential investment would make use of the potential of wind energy in the Bor area and improve the efficiency of electricity production. “The plan is to provide an energy production of 1,500 megawatts, and the project is expected to reach an output of as much as 2,000 megawatts,” she said.
The minister said that the complete production of electricity would be taken over by Zijin, while the surpluses would be converted into hydrogen. “In addition to meeting the electricity consumption in the mine, renewable energy would be used for the production of hydrogen, which would represent a storehouse of green energy, with a production capacity of 30,000 tons per year.” Also, investments of 10 million euros are planned for the construction of an industrial park for the production of wind towers,” said the minister.
At the meeting, Shanghai Fengling Renewables representatives presented projects that they are developing globally, as well as proposals for establishing cooperation with institutions and companies in Serbia in electricity and thermal energy production from renewables, energy storage and the application of hydrogen.
Shanghai Fengling Renewables has already been registered in Serbia and has begun a recruitment process as part of the project, Serbia’s Mining and Energy Ministry confirmed in a press release.