Hunan Rich Photovoltaic to Invest €300M in Serbian Solar Panel Factory and Power Plant

Hunan Rich Photovoltaic Science and Technology is set to invest over €300 million in Serbia, developing a 1 GW solar panel factory in Paraćin and a 200 MW solar power plant. The agreements, signed with Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, also include a €2 billion investment by China Energy International Group for an oil processing plant in Smederevo. These projects are expected to create 700 direct and 2,400 indirect jobs, supporting Serbia's renewable energy expansion.