Belgian developer Elicio completed the construction of a 42 MW wind farm in close vicinity of the Serbian capital, Belgrade. The farm consists of 21 turbines, 2 MW each. Turbines are provided by the German supplier Senvion. Investment costs are reported at €80 million. Alibunar will be the third wind farm to start production in Serbia. It is part of Serbia’s ambitious plans of increasing the share of renewable energy sources in its generation mix. Large scale deployment of wi

As reported by GE Renewable Energy, the 158 MW wind farm project in Serbia, Čibuk 1, is near completion. Having assembled 52 out of 57 wind turbines, the wind farm should be able to start production by the end of the year. The €300 million project is owned by a joint venture between Masdar (60%, UAE), Taaleri Energia (30%, Finland) and DEG (10%, German based KfW Group). Source: Balkan Green Energy News #Serbia #wind

Serbian state-owned utility EPS is in the process of creating conditions for the opening of a new lignite mine near the Kolubara thermal power plant. As part of this process, Kolubara River has been redirected into a newly constructed basin. As reported by EPS, lignite production in Kolubara is of strategic importance for Serbia. Providing about 30 million tons of lignite annually is a complex technological process requiring constant relocation of entire settlements, infrastr

Danish based Vestas will deliver 20 wind turbines, each of 3.45 MW, to Fintel Energija (a subsidiary of Italian based Fintel Energia Group SpA) for the wind farm of Košava 1. Construction of the farm, estimated to cost €117 million, is already in progress. Fintel announced plans to raise capital for the second phase of the project by offering 20-40% of shares of Fintel Energija through an Initial Public Offering (IPO) on the Belgrade stock exchange. Košava phase 2 is envision

Despite the market for electricity in Serbia being completely liberalised for more than three years, Elektroprivreda Srbije (EPS) maintains the monopoly in selling electricity household buyers. Serbian Government continues its social policy over current electricity prices to help ease the difficult economic situation in the country. This is why electricity prices in Serbia are considerably lower when compared to other countries of the region and Europe. Source: Poslovni dnevn

Italian based Ansaldo Energia S.p.A . Is to provide turbines and generators for the 200 MW combined cycle cogeneration unit of Pančevo, Serbia. TE-TO Pančevo is a joint venture between Centroenergoholding (owned by Russian Gazprom) and Serbian based oil company Naftna Industrija Srbije (NIS). The contract is worth €42 million.. Source: Power Engineering International #AnsaldoEnergia #Serbia #cogeneration #TETOPančevo #Gazprom #TPP

Belgian based Elicio completed laying foundations for 21 turbines of the Alibunar wind farm and announced intentions to complete their installation by September this year. The wind farm is to have an installed capacity of 42 MW with turbines provided by German supplier Senvion. Source: Balkan Green Energy News #Serbia #wind #Alibunar

Kovačica wind farm project of 104.5 MW planned overall installed capacity initiated by the Israeli based Enlight Renewable Energy successfully closed its financial construction. SVP Electrawinds K-Wind has provided 142 million euros for the project implementation. Funding for €142 million is to be provided by Erste Group Bank AG (supported by the German Export Credit Agency Euler-Hermes), Erste Bank Serbia, and the EBRD.. Source: Balkan Green Energy News #Kovačica #wind #Serb

General Electric Renewable Energy will deliver 38 wind turbines for the Serbian based wind farm of Kovačica after reaching an agreement with Enlight Renewable Energy. The new wind farm will have 105 MW installed capacity with 38 wind turbines of 110 m height each. GE also agreed to provide O&M services for the unit during the period of next 15 years. GE Renewable Energy recently announced that it will also deliver wind turbines for Čibuk 1, a wind farm aimed to become the lar

Serbian state utility Elektroprivreda Srbije (EPS) and the German development bank KfW signed a loan agreement worth 80 million in order to provide funding for the construction of a 66 MW wind farm project in Kostolac. THe proposed project is to be the first wind power plant of the EPS generation portfolio, dominated by coal-fired power plants. Overall investment cost is estimated at 97 million euros with the start of construction planned in 2019. The unit is to be built on t