Renewables

Fintel Energija picks Windey as turbine supplier for Serbian projects

Fintel Energija selects Windey as supplier for its Serbian projects

Photo: Fintel Energija

Published

January 17, 2023

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Published:

January 17, 2023

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Renewable energy producer Fintel Energija A.D. has selected Chinese manufacturer Windey as the turbine supplier for 110 MW of wind farms under construction in Serbia.

Zhejiang Windey has been selected as the preferred turbine supplier for the Košava 2, Kula 2, Kula 3, Kula 4 and Ram projects. The agreement includes the supply of 28 wind turbines, as well as a 10-year service and maintenance agreement, Fintel Energija said.

Of note, Fintel Energija in Serbia operates wind farms Kula (9.9 MW), La Piccolina (6.6 MW), and Košava 1 (69 MW). In May last year, the firm started the construction of Kula 2.

The Chinese firm will set up a local service arm in Belgrade

According to Fintel Energija, as a further step in the construction of the wind farms, its project companies have entered into a conditional agreement with Windey. The agreement includes the supply and installation of 19 WD164 3.6 MW turbines, three WD164 3.3 MW turbines, and six WD172 5.0 MW turbines, as well as a 10-year service and maintenance agreement for the wind farms once the units are installed.

For the purpose of maintenance, the Chinese firm will establish a local service organization headquartered in Belgrade.

“We are very proud to announce Windey as our selected turbine supplier, which marks a milestone in the projects and brings them closer to commercial operations. This highlights our ability to build value in our portfolio projects, by advancing them to more mature stages and higher valuations,” said Tiziano Giovannetti, CEO of Fintel Energija A.D.

According to Kai Wang, Regional Director of Overseas Business Division at Windey, the company continues its ambition to be a leader in the region. “We remain committed to contributing to Serbia’s clean energy target, in close partnership with Fintel,” Wang added.

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