A 1 GW solar photovoltaic project, which would have seen 100 10-MW solar power plants built in Serbia, has been cancelled by its developer, Securum Equity Partners International Ltd, which is based in Malta. The company claims the Serbian government violated an agreement signed by both parties by failing to provide the promised 3,000 ha of land for the project by the agreed deadline, and says it plans to sue.

Securum says it will file suit with the International Court of Arbitration in London for €160 million in damages. The project, dubbed OneGiga, would have cost 175 billion euros to build and was planned for completion by December 2015.