Serbia recorded a strong surge in wind and solar power last year, with combined capacity rising 45% to 1.14 GW, according to the Ministry of Mining and Energy. This growth is expected to continue in 2026, with roughly 240 MW of additional renewable capacity forecast to come online.
Between December 2024 and November 2025, Serbia’s total renewable energy capacity, including hydropower, biomass, and biogas, increased from 3.34 GW to 3.7 GW, representing an overall growth of around 11%. Wind power accounted for 824 MW of this total, marking a 36% year-on-year increase (216 MW), while solar capacity expanded 80%, from 178 to 319 MW when prosumers are included.
The Ministry highlighted that wind and solar added 356 MW in just one year, pushing their combined capacity beyond 1.14 GW and signaling that Serbia’s energy transition has entered an accelerated phase. Preliminary projections for 2026 indicate 180 MW of new wind projects and 56 MW of solar plants, though officials describe these estimates as conservative.
Looking ahead, Serbia’s Integrated National Energy and Climate Plan (NECP), adopted in 2024, targets 1.77 GW of wind and 1.73 GW of solar capacity by 2030, totaling roughly 3.5 GW. To support this growth, the government held two rounds of auctions in 2023 and 2024 offering market premiums for renewable projects. The first round secured 715 MW of new capacity with €1.1 billion in investment, while the second awarded incentives to projects totaling 645 MW with planned investments of €782 million. Projects from the first auction are already under construction, with around 450 MW expected to be connected to the grid in 2026. Officials say the current project pipeline is sufficient to meet national renewable energy targets.
Under the national plan, Serbia aims to raise the share of renewables to 33.6% of gross final energy consumption and 45% of electricity consumption by 2030. In 2024, renewables accounted for 25.8% of total final energy use and 32% of electricity consumption. This push aligns with the Green Agenda for the Western Balkans and Europe’s climate neutrality goals for 2050.
At the same time, Serbia continues investing in fossil fuel infrastructure, with diversification efforts focused on gas and oil supply routes. Over the next two years, the country plans new gas interconnectors with North Macedonia and Romania, enhancing access to the Southern Gas Corridor, LNG terminals in Greece, and potential hydrogen transport. These connections will also link Serbia to the BRHA pipeline and Romanian gas sources. While the Balkan Stream pipeline, carrying Russian gas, will remain the main supply route, three additional directions could allow imports of over 4 billion cubic meters per year, boosting long-term supply security.
On the oil side, Serbia has launched the Serbia–Hungary oil pipeline project, a strategic initiative to safeguard supply for the next three to four decades. Feasibility studies and spatial planning have been completed, permitting procedures are underway, and construction is expected to begin later this year.