SOLAR POWER PLANT "READY TO BUILD"
(999kW) WITHOUT BATTERY STORAGE OBLIGATION

Investment opportunity

Seize a rare market opportunity. We present the sale of a special purpose vehicle (SPV) in Vojvodina/Serbia with a unique competitive advantage: a solar power plant project that possesses grid connection approval without the obligation to install batteries.

This offer includes:

• Construction land: 5.16 ha with 1/1 ownership.
• Exceptionally valuable connection: Design and connection conditions (UPP) for a solar power plant of 999 kW without energy storage requirements. Such conditions are no longer issued, making this project extremely profitable compared to new regulations.
• Documentation: Urban project and location conditions secured.
• "Ready to Build" status: The building permit for the solar power plant is in the final preparation stage and will be delivered as legally binding.
• Bonus: Existing building permit for a biogas cogeneration plant.

Why is "no batteries" key?

The absence of a battery system obligation drastically improves the project's economics and return on investment (ROI):

• Immediate savings (CAPEX): You avoid huge initial costs for batteries which can increase the project budget by 30-50%.
• Lower operating costs (OPEX): No complex maintenance of battery systems or expensive replacements of worn-out batteries during the plant's lifespan.
• Faster payback: Due to significantly lower investments, the payback period is 6-9 years, whereas for projects with batteries, it extends to 12-15 years.

Detailed asset description

The subject of sale is 100% shares in a special purpose vehicle (SPV) which owns:

• Construction land (51,692 m²): 100% ownership, no encumbrances. Registered buildings of 741 m² are also on the plot.
• Exclusive power grid connection right (UPP): Approval for connecting a solar power plant of 999 kW to the power transmission system. Key Advantage: The decision does not require battery installation. All produced energy is delivered to the power grid, guaranteeing minimal operating costs.
• Project Documentation: Urban project and location conditions have been obtained.
• Building permit (in preparation): The project is being sold in "Ready to Build" status. Issuance of a valid building permit is expected, making the project suitable for bank financing.

1. Solar power plant (technical parameters)

• Approved power: 999 kW
• Inverters: 10 units
• Operation mode: Parallel operation with the grid, full energy delivery (except own consumption).
• Connection:
  • Individual, permanent connection.
  • Medium voltage (MV) cable runs along the public road to the 10kV power line (~100m distance).
  • Grid voltage: 10kV (with perspective to switch to 20kV).

Detailed technical documentation is available for review by serious investors.

2. Cogeneration plant (biogas) - Bonus

As added value, the project has potential for building a biogas plant. This facility uses organic waste to produce biogas, which can be used for:

• Electricity production (balancing solar production at night or in winter) - potential up to 8.7 million kWh annually.
• Heat energy production.
• High-quality organic fertilizer production.
• Gas sales (CNG/LPG) or CO2 for industrial use.

3. Potential for further development

The large land area and excellent location open up numerous additional possibilities:

• Energy production capacity expansion: Additional SPP blocks or biogas.
• Production facilities: Building a factory that would use its own green energy.
• EV Chargers & commercial content: Due to proximity to the highway, the location is ideal for a large EV charging station (15-20 chargers) with accompanying amenities (restaurant, shop). Selling electricity via chargers yields significantly higher margins than selling to the grid.
• Logistics center: Position near the EU border (Hungary, Romania) and the highway makes it perfect for warehousing and distribution.

Location

The plot is located in a strategically important position - on the periphery of the settlement, but in the immediate vicinity of the route of the future "Smile of Vojvodina" highway. Expropriation and definition of parcels for the highway have already been completed, and the planned route passes just a few hundred meters from the location.

"Smile of Vojvodina" highway - value generator

This high-speed road (Sombor—Kikinda) will connect two strategic border crossings: Bački Breg (Hungary) and Nakovo (Romania). Construction is underway (contractor: China Construction Eighth Engineering Division), with planned completion by the end of 2026.

Market

On July 25, 2024, the Government of Serbia adopted the "Integrated National Energy and Climate Plan" (NECP) for the period until 2030 with projections until 2050. This plan represents a key strategic document defining strategic goals and the dynamics of their achievement in the energy transition process. The plan is aligned with the Law on the Use of Renewable Energy Sources and Europe's vision for the decarbonization of the energy sector. This plan aims to increase energy supply security, increase the share of renewable energy sources, improve energy efficiency, and reduce greenhouse gas emissions by 40.3% compared to 1990. The plan includes investments in new solar and wind power plants, increasing energy efficiency in all sectors, as well as gradual electrification of transport.

Further information

Join the energy transition. Consider this offer!

Transaction structure

• Subject: 100% shares in the limited liability company (SPV).
• Company status: No debts to banks or third parties.
• The transaction is conducted on a "debt free, cash free" basis. The company is "clean", dormant, and ready for ownership transfer with all assets.
• Assets: The company is transferred with all assets (land, buildings, permits, projects).
• Legal security: 1/1 ownership, registered, no encumbrances. Potential buyers are granted full access to documentation (Due Diligence).
• Price: €370.000 ( We are open to price negotiations with serious buyers).
• Next Steps: After the initial agreement, a pre-contract (heads of agreement) or contract is signed defining all commercial terms. The process is transparent and efficient.

Find out more

For further information about the sale of this or any other property, please contact Zoran Mitić at email [email protected] or phone +381 63 377 960 or +381 11 499 0909 OR fill out the contact form below.