Renewables

Čibuk 1, Serbia’s largest wind farm, set to start production “earlier than initially planned”

Photo: Masdar

Published

September 10, 2018

Country

Comments

0

Share

Published:

September 10, 2018

Country:

Comments:

0

Share

Čibuk 1 has reached a number of key milestones and is on schedule to start production in early 2019, according to a press release from the United Arab Emirates’ (UAE) Masdar, the majority stakeholder in Tesla Wind, which owns Vetroelektrane Balkana, the project company behind Čibuk 1, set to become Serbia’s largest wind farm.

GE Renewable Energy, which has supplied the 57 wind turbines for Čibuk 1, tweeted that the 158 MW wind farm is expected to start production “earlier than initially planned.”

Masdar previously said it expected the construction of the 158 MW Čibuk 1 wind farm to be completed in the first half of 2019. The wind farm is set to be funded under the feed-in tariff, reflected on consumers’ electricity bills.

The EUR 300 million investment is backed by some EUR 215 million in lending from the International Finance Corporation (IFC), a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD), according to earlier reports.

Čibuk 1 in Dolovo, situated 50 kilometers outside the capital Belgrade, has completed the construction of 33 overhead pylons allowing for the energization of the wind farm’s substation, its connection to existing transmission lines 11 kilometers away, and the handover of the transmission operation building to its operator, Masdar said.

The Čibuk 1 wind farm is expected to provide electricity to 113,000 homes and displace more than 370,000 tonnes of carbon dioxide per year, Masdar said, noting that 52 of the 57 wind turbines have been fully assembled to date.

Vetroelektrane Balkana (WEBG), the project company behind Čibuk 1, is wholly owned by Tesla Wind, a joint venture between Masdar (60%), Finnish energy infrastructure developer Taaleri Energia (30%), and DEG, a subsidiary of Germany’s KfW Group, (10%).

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, Masdar recalled.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Tusnica wind farm, Zvizdan solar power plant online in BiH by the end of 2023

Tušnica wind farm, Zvizdan solar power plant in BiH to be online by end-2023

24 September 2021 - The construction of the 72.6 MW Tušnica wind farm and the 23 MW Zvizdan photovoltaic facility is underway.

ivan-asanovic-transmission-system-operator

Ivan Asanović takes helm of Montenegro’s transmission system operator

24 September 2021 - Ivan Asanović, an electrical engineer, has been appointed as acting executive director of Montenegro's transmission system operator.

Republic of Srpska plans to build solar power plants on abandoned coal mines

Republic of Srpska plans to build solar power plants on abandoned coal mines

23 September 2021 - The Minister of Energy and Mining Petar Đokić has discussed the construction of solar power plants with the management of RiTE Ugljevik.

thermal battery thermal power plants twest e2s

Thermal energy storage TWEST enables CO2-free electricity production at thermal power plants

23 September 2021 - E2S Power presented in its demonstration facility in Serbia’s capital Belgrade, the innovative thermal energy storage TWEST.