Balkan countries are striving to decarbonise their power sectors. Serbia is not an exclusion. The country has set a target to cover 27% of its gross final energy consumption through the use of RE by 2020. To achieve the renewable energy target, Serbia plans to install a total of 438 MW of new hydropower capacities.Utilisation of water power is considered to be one of the best alternatives to power generated from fossil fuels as it is environmentally friendlier and more cost-effective if compared with other sources. Hydropower is a good option for Serbia as it belongs to water-rich countries. Current installed hydropower capacity is now totalling 2,835 MW – it is the highest installed hydropower capacity in SEE (South-Eastern Europe).The core challenge of the Serbian energy sector is still strong dependence on power generated from fossil fuels. Serbia suffers the insufficient energy provision. Annual consumption exceeds production by about 40%, so much is to be invested to cover the gap. The report includes:Facts and figures about hydropower industry in Serbia including the most influencing documents and programmes regulating energy sectorOpportunities for investors in small-hydro industry in SerbiaThe list of international financial organizations investing in hydropower in Serbia and their requirements for hydropower projectsMost promising small, medium and big investment projects in Serbia I would like to inform you that this report was prepared within the framework of the 3rd International Summit and Exhibition "Hydropower Balkans 2019" (November 7-8, Belgrade, Serbia), during which the results of the report will be discussed in detail.Request the report: www.hydropowerbalkans.com/en/hydropower-industry-in-serbia