158 MW wind farm in Serbia reaches key construction milestones

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Masdar has announced that Čibuk 1, the largest utility-scale commercial wind project in Serbia, has successfully reached a number of key milestones, and is on schedule to start production early next year. Masdar is developing the project in collaboration with Taaleri Energia and the German development finance institution DEG.

Located in Dolovo, 50km outside the capital Belgrade, the project has completed the construction of 33 overhead pylons allowing for the energisation of the wind farm’s substation, its connection to existing transmission lines 11km away, and the handover of the transmission operation building to its operator.

Comprising 57 wind turbines supplied by GE Renewable Energy, the 158 MW wind farm is expected to provide electricity to 113,000 homes and displace more than 370,000 tonnes of carbon dioxide per year. To date, 52 of the wind turbines have been fully assembled.

The power purchase agreement (PPA) for Čibuk 1 was signed in October 2016. Serbia has pledged to produce 27% of its domestic power needs from renewable energy sources by 2020, reducing the country’s dependence on coal-fired power generation in line with European Union regulations.

List of the country updates

Country updates

  • July 30, 2018

    MK Fintel WInd withdraws its first tranche for the Kosava wind farm

    Following the earlier agreement, MK Fintel Wind withdraws EUR4.4 million (US$5 million) as its first tranche of an EUR81.5 million bank loan from a pool of banks that includes Erste Group, Erste Bank...

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  • July 20, 2018

    Vestas to supply turbines for the Kosava I wind facility

    MK Fintel Wind has contracted Vestas to equip the Kosava I wind farm with 20 units of V126-3.45 MW  turbines. The contract comes with a 12-year service agreement. The wind turbines are expected...

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  • July 19, 2018

    Fintel Energia plans to invest in Kosava wind farm

    Fintel Energia Group has expressed its plan to invest 120 million euro ($139.5 million) in the first phase of the construction of the Kosava wind facility. The project is implemented through&nbs...

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  • June 12, 2018

    GGF to provide over US$35 million to wind projects in Serbia

    The Green for Growth Fund (GGF) has announced that it has recently invested in two of the first large-scale wind farms in Serbia.

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  • May 28, 2018

    Financial close for largest wind farm in Serbia

    Wind Energy Balkan Group (WEBG) has achieved financial close of the 158 MW Dolovo Cibuk I wind farm, located in the north-east of Serbia.

    Read more

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