Solar energy has become a key element in the global energy transition in the last few decades. MT-KOMEX, with over three decades of experience, has significantly contributed to this trend. Through continuous investment in innovation and growth, MT-KOMEX has achieved significant results in solar systems, installing megawatts of energy that make a real difference in the region. This year, the company expanded its operations beyond Serbia, leaving a significant mark on the market for renewable energy sources. The beginning of 2025 brings new challenges and goals, and the company continues to develop as a leader in the solar energy sector, with a clear focus on sustainability and environmental benefits.
Looking at the whole picture, MT-KOMEX has built more than 250 solar power plants – 90 MW on the ground and over 70 MW on rooftops and installed more than 350,000 solar panels over the years. The company’s team comprises over 30 engineers and 80 installers. The number of projects and the expert team are growing with the growing demand for renewable energy sources and electricity.
A massive success in 2024 was the construction and commissioning of two solar power plants realized by the company – B2 Nova Sun in Nova Crnja and B2 Sunspot in Kikinda.
The solar power plant B2 Nova Sun was officially launched in August. It is a power plant with a capacity of 9.9 MW, located in the industrial zone of Nova Crnja, covering an area of approximately 13 hectares. Made up of 16,820 bifacial panels, the power plant will enable the production of about 14,000 MWh of electricity annually. In addition to enhancing energy security, this solar power plant will reduce carbon dioxide emissions by more than 15,817 tons per year, which is equivalent to removing over 3,000 average cars from the road for the entire year.
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The second major success was commissioning the solar power plant B2 Sunspot in Kikinda, with a capacity of 7 MW. It is located on a site that was previously used for waste disposal but is now entirely repurposed for productive land use. With an estimated annual production of 11,000 MWh, combined with the energy generated in Nova Crnja, this project will provide the Banat region with 25,000 MWh of clean, green energy from the sun.
Both power plants were among the winners of the first auctions organized by the Ministry of Mining and Energy of the Republic of Serbia. Contracts for purchasing electricity and balancing responsibility were signed with the Joint Stock Company Elektroprivreda Srbije.
This was the first time EPS signed agreements with a solar power plant for electricity purchase and balancing responsibility, with a trial and permanent operation period of 15 years.
After successfully completing the first auction, MT-KOMEX is preparing to participate in the second round of auctions in Serbia to allocate market premiums to renewable energy sources, striving to repeat the previous results.
Business Operations in the Region
When it comes to the region, a mention of MT-KOMEX BH in Bosnia and Herzegovina is inevitable. Although established in 2023, the company achieved significant collaborations and business success in its first operational year. A pioneering project in BiH was the construction of the largest solar power plant in the system of PE Elektroprivreda BiH d.d. Sarajevo. Additionally, the solar power plants Markovac Jungići and Markovac Jungići 1 were built. The total power of these solar power plants is 280 kWp, while, according to estimates, their annual production will amount to 360 MWh.
In 2024, MT-KOMEX expanded its operations to the European Union, specifically to Croatia, where it successfully overcame slightly different procedural requirements. A rooftop solar power plant was commissioned for a local investor.
However, these achievements were not achieved without their challenges, such as the evolution of legal frameworks that have followed the development of the sector since 2009, when private users and industrial facilities were first allowed to be both energy producers and consumers. Regulations have changed over time, and each new version of the legal provisions, although not perfect, has allowed for progress and facilitated investment in renewable energy sources. Early significant projects lacked substantial financial support, making them unprofitable and uncertain for the banks. MT-KOMEX has developed alongside the evolution of the solar energy sector, which is why today it concludes the year with all these impressive results.
Prepared by Milica Vučković
The story was published in the Energy portal Magazine RESPONSIBLE BUSINESS