The Oil Industry of Serbia (NIS) is significantly investing in renewable energy to cut carbon dioxide emissions and produce electricity for its own use. Since 2022, NIS has built 60 photovoltaic power plants at gas stations and expanded solar installations to other facilities, including a 620 kWp plant at the Jazak water production site and rooftop solar systems in Novi Sad and Pančevo.
In 2024, the combined solar power capacity of 3.2 MWp generated 2.2 GWh of electricity.
Looking ahead to 2025, NIS plans to commission 18 additional solar plants at gas stations and build its largest solar power plant to date—a 6,817 kWp installation at the Oil Derivatives Warehouse in Novi Sad.
By the end of 2025, NIS expects total solar capacity to reach 11.3 MWp, producing around 13.6 GWh annually—enough to meet the electricity needs of approximately 3,200 average Serbian households and reduce CO₂ emissions by about 15,000 tons per year.
The company plans to invest around seven million euros in these projects by 2025, reaffirming its commitment to sustainable development and the green agenda, as highlighted by Aleksandr Koževnjikov, head of NIS’s Project Development and Energy Efficiency Center.
