Serbia – Small Hydropower

Projectdescription

Hidroinvest d.o.o. offers access to and stability of electrical power provision in a remote mountain area

A Swiss-Serbian entrepreneur is setting up a small hydro-power station in a mountainous region in Serbia. The project consists in the expansion of an existing small hydro power station and the construction of a new 260 kW hydro-power plant. Both plants will feed into the national grid and will contribute to stabilizing the local electricity supply and replace electricity from coal with electricity from renewable sources.

The loan of the SECO Start-up Fund will used to contribute to financing construction costs.

Development Impact

Creation of 4 permanent jobs in a remote region

Electricity from renewable energy sources