Renewables most attractive for investment

BELGRADE - Serbia created a good investment environment, and the field of renewable energy sources is the most attractive for investment, Assistant Energy Minister Dejan Trifunovic said on Wednesday.

Opening the International Exhibition for ReneWable Energy (IERWE) and the International Trade Fair for heating, ventilation, air-conditioning, sanitary and environmental technology "Therm 2014" together with Slovenian Ambassador Franc But at Belexpocenter in New Belgrade, Trifunovic said that the field is completely turned to the private sector and that significant investments have so far been realized concerning over 200 privately-owned facilities.

"We made the regulations and created all necessary mechanisms, including the payment of services. According to our action plan, and we are the only country in the region that has it, it has been planned that investments worth around EUR 2 billion will go to 1,092 MW of renewables, he added.

"We want to feel all the effects of these investments, such as job creation, regional development and engagement of domestic industry and construction capacities," Trifunovic said.

Ambassador But said that Slovenia is working on the renewables, as that is a constituent part of the fight against climate change, but also something that contributes to economic growth and job creation, and greater energy security.

But said that a meeting was held with representatives of several Serbian ministries at the embassy, during which they considered conditions for realizing projects based on ESKOM's business model in Serbia.

Until March 14, the exhibition will bring together 35 direct exhibitors, 19 from Serbia and 16 from abroad-Slovenia, Croatia, Italy, Greece, Bulgaria, Austria and...

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