A new solar power plant, with a total capacity of 610 kilowatts—550 kilowatts of which are connected to the electricity grid—has been successfully built and commissioned at the Pancevo Oil Refinery. The Oil Industry of Serbia (NIS) announced that the expected annual electricity production from the plant is 656 megawatt hours.
The solar facility is composed of 1,053 photovoltaic panels and 13 inverters, with a total nominal power of 500 kilowatts. The electricity generated will be used to meet the energy needs of the Pancevo refinery, as reported by RT Vojvodina.
Construction of the solar power plant began in April 2024, and it is situated on the roofs of five buildings within NIS’s processing complex.
Nenad Pavlović from NIS emphasized that installing solar panels in an industrial setting presents a complex technical challenge, marking a significant step in advancing the refinery’s green production practices.
He explained, “We’ve applied the most modern technologies to optimize and monitor production, with the primary focus on achieving the highest standards of work safety. This project is part of our broader strategy to reduce the carbon footprint and reflects NIS’s commitment to diversifying its business towards green energy. The value of this investment is over 38 million dinars, and we expect to reduce carbon dioxide emissions by approximately 700 tons annually.”
NIS also highlighted that the Pancevo Oil Refinery is one of the most modern and environmentally friendly refineries in this part of Europe. With this solar power plant, NIS strengthens its position as a leader in adopting green technologies.
This project is part of a series of initiatives by NIS to expand its renewable energy operations. Last year alone, the company commissioned solar power plants at various facilities, including an office building in Novi Sad, a warehouse for oil products, and a water treatment plant in Jaska. Additionally, photovoltaic power plants were installed at 45 of NIS’s gas stations across Serbia. NIS plans to continue its expansion in solar energy projects and other green energy initiatives moving forward.
