Fintel and MK Group will build EUR 340 mln agrivoltaic plant in Serbia

Fintel Energija and diversified holding MK Group, plan to invest EUR 340 million in the construction of an agrivoltaic plant in Kula, in northern Serbia, according to MK Group.

The plant, named Agrosolar Kula, is planned to be launched in April 2022 and will produce 832 GWh of electricity annually.

"Smart agriculture and green energy have been in focus for a long time, and the Agrosolar project is based on their synergy. This system achieves the optimisation of land use and its maximum utilisation, with a positive impact on the environment. That is why this pioneering investment of Fintel Energija and MK Group is of great importance for the sustainable development of agriculture and production of energy from renewable sources,” said Tiziano Giovannetti, CEO of Fintel Energy.