The first agrivoltaic project in the Balkans and the biggest one in Europe will be launched soon in the town of Kula (in Vojvodina) as a joint venture of two companies
Fintel Energija and its partner MK Group are bringing a big innovation to Serbia and the region, which will solidify their leading position in both the production of energy from renewable sources and the agricultural-food sector.
The project is called Agrosolar Kula and is the first agrivoltaic project in Serbia and the Balkans and also the largest project of its kind in Europe. The investment is worth EUR 340 million.
Agrivoltaic is a technological solution that enables simultaneous production of agricultural crops and energy from sunlight in the same area. The innovative application of solar panels combined with the vegetation creates the kind of microclimate that, on one hand, increases farming productivity, while on the other, it raises the efficiency of the production of energy.
Another benefit is the reduced carbon emission and consumption of water for irrigation. On top of that, MK Group has opted for organic agriculture on the land where the project is to be implemented, so no pesticides, herbicides or artificial fertilizers will be used.
The launch of the Agrosolar Kula project is planned for April 2022, and the implementation will take slightly over a year. In the initial phase, it will cover 700 hectares of land in Kula, divided into seven zones for various organic crops, which will be grown as many as 11 months in a year.
Solar panels will be installed on one-third of the total area. The annual planned production of green energy is around 832 GWh, which meets the electricity needs of around 200,000 households.
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