Renewables

CWP Global develops two utility scale renewable power plants in Serbia

CWP to invest EUR million in green projects in Serbia

Photo: HansLinde from Pixabay

Published

March 24, 2022

Country

Comments

comments icon

0

Share

Published:

March 24, 2022

Country:

Comments:

comments icon

0

Share

Renewable energy developer CWP Global is working on developing the Vetrozelena wind farm in Serbia with a total capacity of 300 megawatts (MW), which will be among the largest in Serbia. The company has also announced its solar power plant Solarina, with a planned capacity of 150 MW or five times more than the total installed solar capacity of the country.

The Vetrozelena wind power plant is the company’s second wind project in Serbia, following the 158 MW Čibuk wind farm, today owned by Tesla Wind, a joint venture of Masdar, Taaleri SolarWind I fund, and German DEG.

Vetrozelena will be twice the Čibuk’s capacity, with up to 50 wind turbines, according to CWP Global. Once the wind power plant starts producing green electricity, it will reduce CO2 emissions by 920,000 tons annually and support Serbia’s energy transition goals.

The expected production of Vetrozelena is 1,000 GWh per year, enough to power 200,000 households

The estimated production of the wind farm is around 1,000 GWh per year, enough to power more than 200,000 households with green electricity.

CWP Global also recently announced it would build a 150 MW Solarina solar power plant in Zaječar municipality in the country’s east. The planned capacity of the facility is five times bigger than Serbia’s total solar installed capacity. The electricity production of the future solar power plant is estimated at 265 GWh.

Turković: It is clear that renewables will play a crucial role in the further development of Serbia and the region

Maja Turković, CWP Global’s Senior Vice President for Europe, said Vetrozelena and Solarina are two key projects that the company is developing in Serbia. According to her, investments in the two projects will reach almost EUR 400 million, including investments in the local communities, environmental protection, and responsible corporate governance.”

“Today, it is more obvious than ever that renewable energy sources will play a crucial role in the further development of Serbia and the region. Our goal is to contribute as much as possible to a successful energy transition,” Turković added.

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

croatia hrvatska elektroprivreda hep loan goverment

Croatian power utility HEP to borrow EUR 400 million

19 December 2025 - Although the 2021-2023 global energy crisis has ended, its consequences will be felt for a long time to come

Aurora bess battery storage Bulgaria Flexible Energy Forecast service

Aurora launches Bulgaria Flexible Energy Forecast service

19 December 2025 - Aurora decided to expand its inaugural Romanian Flexible Energy Forecast service, released in April, and other established forecasts for SEE

rystad power pricing interval bess

EU’s new power pricing interval boosts BESS profit potential – analysis

19 December 2025 - Thanks to the 15-minute trading interval, arbitrage potential on the day-ahead power markets has increased by 14% on average, Rystad says

Bulgaria approves support for BESS projects totaling more than 4 GWh

Bulgaria approves RESTORE funds for over 4 GWh in BESS projects

19 December 2025 - Developers of 31 standalone battery storage facilities in Bulgaria won EUR 117 million from European Union funding