Solar Power

Is one of the most promising sources of renewable energy in the Western Balkans, as its potential has been basically untapped, and is very much favored by geography, higher radiation and longer sunshine hours compared to Western, Eastern or Central Europe. There is a tremendous potential for both energy savings as in terms of water heating using solar energy or as well as direct electricity production. Particularly promising are smaller producers that can directly have an impact in lowering overall electricity demand. Solar is becoming increasingly cheaper and more attractive, particularly with businesses, which see solar as a way to decrease their energy bills. Most of the solar energy in the WB6 countries is comprised of small size farms or group of solar panels, there are no large solar power facilities. By 2016 total solar power installed capacity was 42.4 MW. The countries with the most installed solar capacity was Macedonia 17 MW, Bosnia and Herzegovina with 14 MW, Serbia with 10.8 MW and Kosovo with 0.6 MW. Many governments have created policies to favor solar production, such as placing the excess energy to the grid, exchange of power, and by implementing feed-in tariffs as a way to incentivize more solar panels being used. Bosnia and Herzegovina is the leader in the most paid for MWh produced from solar at an average rate of 200 EUR. While the highest feed-in tariff remains for solar for all WB6 countries. Solar lies at an average of 145 EUR/MWh across the region.