IVVK Advises BMZ Energy on the Sale of One of Serbia’s Largest Solar Power Projects
IVVK Lawyers has successfully advised BMZ Energy on the sale of its shareholding in L.O.I 360 Strategy and Business Development SM 2022 DOO, the project company developing a 180 MW solar power plant in Serbia, one of the largest renewable energy projects in the country to date. The buyer, Fortis, was advised by the Schoenherr […]
IVVK Lawyers Advise TEMO Power on Acquisition of Jagnjilo Solar Power Plant
TEMO Power d.o.o. has acquired 100% of the shares in local company GANOM d.o.o., which holds the development rights for the Jagnjilo solar power plant near Mladenovac, Serbia. The plant is in the “ready-to-build” phase, with a projected capacity of 10 MW. The IVVK team, led by Managing Partner Miloš Vučković and supported by Senior […]
From promise to pause: the impact of local self-government inertia on renewable energy projects
In the recent period, we are witnessing the ”blockage“ of construction of the large number of renewable energy projects in the Republic of Serbia, due to the fact that the local self-governments fail to adopt or amend Detailed Regulation Plans (hereinafter jointly referred to as “DRPs“). The initiatives for adoption/amendments of DRPs have been submitted, […]
Serbia’s Latest Energy Law Amendments: a Game Changer?
On 27 November 2024, the Republic of Serbia (“Serbia”) adopted amendments to its Energy Law (“Law”}, effective as of 06 December 2024. These amendments are part of Serbia’s ongoing efforts to further harmonize its regulations in the energy sector with those of the European Union (“EU”), specifically the Energy Community Treaty and Ministerial Council Decision […]
New Public Call for Incentives to Investors in Solar and Wind Power Plants
The Ministry of Mining and Energy announced a new public call on November 27, 2024, inviting interested legal entities to participate in an auction for market premiums and other incentives for developing solar and wind power plants. The call is open to legal entities and entrepreneurs registered in Serbia. Applicants can seek premiums for wind […]
Acquiring the energy permit
In recent years, the energy sector, particularly facilities utilizing renewable energy sources, has come into the spotlight due to climate changes occurring worldwide over the past decade, as well as the profitability of investments and the shift towards the “green agenda.” Naturally, for construction projects, including energy facilities, especially larger ones, appropriate permits must be […]
Regulation of the Government of the Republic of Serbia on electricity delivery and supply conditions: Outlining the conditions for connection to the grid
The summer of 2023 was a season where we could see the light at the end of the tunnel – the Government of the Republic of Serbia in cooperation with Joint Stock Company Electric Grid of Serbia (Elektromreža Srbije a.d., hereinafter – EMS) and other relevant entities and factors has enacted a draft Regulation on Electricity Delivery […]
Serbia looking for strategic partners for solar power plants
The Decree on Selection of Strategic Partners for Implementation of the Project of Construction without Management and Maintenance of Self-balanced Solar Power Plants of Large Capacity with Battery Systems for Electricity Storage in Serbia (Official Gazette of RS, No. 58/2023) was adopted on 14 July 2023 by the Government of Serbia. The plants will be owned and managed […]
ARTICLE Legal framework for investments in energy facilities in Serbia
The whole world is facing major climate changes and environmental disasters caused by the use of coal as energy source. In order to overcome this looming problem, global community is trying different ways to use sustainable and renewable energy sources, such as wind, water or sun. Keeping pace with global trends, the Republic of Serbia […]
Energy permits digitized starting November
Digitization of the process of obtaining energy permits will begin on 1 November 2022, as determined by the new Rulebook on the exchange of documents and submissions during the implementation of procedures related to energy permits, licenses for energy activities and consent for storage and supply for own needs. It is a process conducted by the Ministry […]