Hive Energy gains approval for solar projects

HIVE ENERGY has secured grid connections for four projects totaling 216.5 MW in Serbia. Each project includes storage systems, constituting 10% of the PV capacity. The Pirot and Prokuplje projects (50 MW and 40 MW respectively) are advancing through urbanization documentation. HIVE ENERGY expects approval and receipt of location conditions for PV and grid this summer, marking the final urbanization stage before design begins. The Veliko Gradiste I and II projects (71.5 MW and 55 MW respectively) are scheduled to attain Ready-to-Build (RTB) status from late 2024 to early 2025. The company is already strategizing for the next phase, aiming to present a new portfolio of projects for the September Transmission System Operator (TSO) cut-off, including seven additional projects totaling over 500 MW capacity.