Chinese company Hunan Rich to build solar panel factory in Serbia

Minister of Mining and Energy Dubravka Đedović Handanović signed a memorandum of understanding with Chinese company Hunan Rich Photovoltaic Science and Technology for a photovoltaic panel factory and solar power plant in Serbia. Additional investments in the energy sector were highlighted during the visit of President of China Xi Jinping to Serbia. Serbia aims to boost its energy independence and become a key player in solar panel and hydrogen production. The article also discusses global competition in attracting investments for renewable energy gear, particularly in solar panels and wind power turbines. Challenges faced by the EU in response to US subsidies and China's dominance in renewable energy technologies are mentioned. Specific projects in Serbia, such as DoMi eko solar manufacturing facility and Shanghai Fengling Renewables wind and solar power projects, are highlighted.

Source: BEN