Serbia is set to achieve 281 MW of solar capacity by 2025, marking significant growth in its renewable energy sector. This development contributes to the broader trend of solar expansion across the European Union, as highlighted in the EU Solar Market Outlook 2025 report which projects substantial growth in the region. You can learn more about the EU’s solar outlook here: PVKnowhow EU solar market growth: Stunning 2025 Outlook – PVknowhow.com. Furthermore, a significant 1 GW solar project partnership with Hyundai Engineering further emphasizes Serbia’s commitment to clean energy. For more details on this partnership, see: PVKnowhow Serbia Hyundai solar project: 1 Amazing GW Partnership with Hyundai – PVknowhow.com.
Serbia Solar Capacity Growth in a Global Context
This growth aligns with the global surge in solar module manufacturing capacity, projected to reach 1.8 TW by 2025, according to the International Energy Agency (IEA). PVKnowhow Global Solar Manufacturing Capacity to Reach 1.8 TW by 2025: Stunning Growth – PVknowhow.com. While challenges remain, such as the cancellation of the U.S. $7 billion “Solar for All” program (PVKnowhow Solar for All canceled: Shocking $7 Billion Program Cut), the overall momentum in the solar sector persists.