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

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Published:

March 24, 2022

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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.

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