March 21, 2023
March 21, 2023
Italy-based Fintel intends to purchase wind turbines from Zhejiang Windey for its 854 MW Maestrale Ring project in north Serbia. It is set to become the largest onshore wind farm in Europe.
Fintel Energia Group said it selected Chinese company Zhejiang Windey as the preferred supplier for the Maestrale Ring project in the territory of Subotica, Serbia’s northernmost city. The conditional agreement is for 112 turbines and 10-years of service and maintenance.
The Italian company earlier made an equivalent deal with Windey for 28 wind turbines of 110 MW in total for five other projects in Serbia, where it operates through its subsidiary Fintel energija. It broke ground last May with its partner MK Group on their Kula 2 project.
At 854 MW, Maestrale Ring would currently be the biggest single onshore wind park in Europe, surpassing the Fântânele-Cogealac in neighboring Romania by far.
The deal brings the Maestrale Ring closer to commercial operation
“We are very proud to announce once again Windey as our selected turbine supplier, which marks a milestone in the project and brings it closer to commercial operation. This highlights our ability to build value in our portfolio projects, by advancing them to more mature stages and higher valuations,” Fintel energija’s Chief Executive Officer Tiziano Giovannetti said.
The company said it would take Windey’s WD200 model of 7.7 MW, adding that the service and management would be conducted by a local organization headquartered in the capital city of Belgrade and established once the units are installed.
Fintel opted for Windey’s WD200 model of 7.7 MW
“We are excited to engage in the largest European wind farm and we reaffirm ambition to partner with customers and suppliers to make wind energy profitable, scalable, and serviceable. Windey continues its ambition to be a leader in the region and we remain committed to contribute to Serbia’s clean energy target, in close partnership with Fintel,” said Windey’s Regional Director of European Business Division Kai Wang.
Fintel launched the 660 MW Agrosolar Kula project in Serbia with MK Group in 2021 for the simultaneous production of agricultural crops and solar power.
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