CWP Europe and Power China Resources have formed a partnership to construct the 300 MW Vetrozelena wind project in Serbia. The wind farm, which will have 48 turbines, is scheduled to be completed by 2025.
Upon completion, the Vetrozelena wind farm will be the largest wind farm in Serbia and one of the largest in the region. The project represents one of the largest foreign direct investments in Serbia and is a critical step toward the diversification and decarbonization of the Serbian energy mix.
CWP has developed some of the most extensive wind farms in the region in the previous 15 years, including Europe's largest wind farm, the 600 MW Fântânele-Cogealac in Romania.
Country updates
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February 10, 2023
CNJ NEO Energo to develop 10 MW wind with 10 MW solar PV project in Golubac
CNJ NEO Energy has announced its plans to develop a 10 MW wind project and a 10 MW solar power plant in Golubac, Serbia. The facilities will have a total area of around 150 ha. The proposal will cond...
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February 06, 2023
MK Group, Alfi Green Energy Fund secure financing for 105.6 MW wind project in Krivaca, sign 10-year PPA
MK Group and Alfi Green Energy Fund have secured funding for their 105.6 MW Krivaca wind farm project in eastern Serbia with a consortium led by Erste Group, the main creditor and agent. The consorti...
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February 02, 2023
Elicio to develop 60 MW wind projects in Pancevo
Elicio NV has planned to construct 60 MW of wind projects in the northern Serbian city of Pancevo. The company has initiated the public consultation process. The developer will build the 50 MW Elicio...
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November 21, 2022
Windflow East to develop 180 MW wind project in Petrovac na Mlav
Windflow East, a joint venture between Sunflow Holdings LLC and Vulcanus Enerji Yatirim AS, has planned to develop the 180 MW Gornjak wind project in eastern Serbia near the town of Petrovac na Mlavi....
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September 27, 2022
Taaleri Energia secures EUR205mn refinancing of 158 MW Čibuk I wind project
Taaleri Energia has completed the EUR205 million (US$197.00 million) refinancing scheme for the 158 MW Čibuk I wind project located in Serbia. The refinancing package was executed in partn...
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