World’s "largest solar park" to be created in Serbia

Is it ?  well it certainly sounds big have a read.

Representatives of the Serbian Government and Securum Equity Partners Europe have signed a memorandum regarding construction of what is claimed to be the largest solar park the world has seen so far.

The park will have a total capacity of over 1,000 MW and will cover an area of 3,000 hectares. It will take between three and five years to build and provide jobs for 2,500 to 3,000 people during its construction with permanent jobs for 500 to 600 workers once it is operational.

Another 1,000 jobs will be created when MX Group, which is one of Europe’s leading solar panel manufacturers, moves production to Serbia along with its various subsidiaries. The cost of the project is estimated at around 2 billion Euros. Serbia is likely to collect around 750 million Euros in taxes from the project over the next twenty years.

Construction of the project could commence as early as next year depending on the location of an available site and completion of the various permits involved.. The Serbian government has pledged its support on the basis that the project will employ Serbian workers and introduce new technology into the country. At present the intention is to import the solar panels from abroad although the long term hope is that eventually production will be moved to Serbia itself.

Serbia has invested heavily in the renewable energy sector over recent years, particularly in the overhaul of existing infrastructure in order to improve the stability of its energy supply.