Renewables

Wind farms Alibunar 1, Alibunar 2 secure market premiums in Serbia’s renewable energy auctions

Wind farms Alibunar 1 2 market premiums Serbia renewable energy auctions

Photo: SANY Renewable Energy

Published

February 25, 2025

Country

Comments

comments icon

0

Share

Published:

February 25, 2025

Country:

Comments:

comments icon

0

Share

Wind power projects Alibunar 1 and Alibunar 2, majority-owned by SANY Renewable Energy, a leading global wind turbine manufacturer based in China, have ranked second and third, respectively, in Serbia’s latest renewable energy auction for market premiums in the wind power segment. The auction was organized by the Ministry of Mining and Energy as part of the country’s ongoing efforts to boost renewable energy production.

Alibunar 1, with a capacity of 96.6 MW, and Alibunar 2, with a capacity of 71.4 MW, were recently acquired by SANY Renewable Energy. The projects were originally developed by WV-International, a Dutch renewable energy firm known for its pioneering role in Serbia’s green energy sector, in collaboration with Norwegian developer Emergy.

Following their success in the auction, the company announced that preparations for the construction of both wind farms are underway, with work set to commence in the fourth quarter of 2025. The wind farms will feature SANY Renewable Energy’s S168 wind turbines, each with a capacity of 4.2 MW.

Serbia’s EPS to offtake entire output via 15-year PPA

Upon completion of construction and grid connection, the electricity generated by Alibunar 1 and Alibunar 2 will be sold to Serbia’s state-owned power utility Elektroprivreda Srbije (EPS) under a previously signed 15-year power purchase agreement (PPA). The two wind farms are expected to generate approximately 480 GWh of electricity annually, significantly contributing to Serbia’s transition towards a greener energy mix.

WV-International and Emergy remain committed to expanding their renewable energy footprint in Serbia. The partners are developing an additional portfolio of wind farms totaling 571 MW under the Banat project complex. Furthermore, they are advancing plans for a 125 MW hybrid power plant that will integrate wind and solar energy.

SANY Renewable Energy was listed on Shanghai Stock Exchange in 2022

SANY Renewable Energy Co., Ltd was founded in 2008. It is committed to becoming the global leader in the field of clean energy equipment supply and services.

It was officially listed and traded on the STAR Market of the Shanghai Stock Exchange on June 22, 2022, with the stock code 688349. SANY Renewable Energy’s market share has increased significantly and the company ranked among the top 7 global wind power manufacturers in 2023.

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

Global solar power capacity hits 2 2 TW in 2024 Turkey among top growers

Global solar power capacity hits 2.2 TW in 2024, with Turkey among top growers

06 May 2025 - The world added 597 GW of photovoltaic capacity last year, achieving an astounding 36% rate of growth, SolarPower Europe found

bih world bank loan federation bih epbih coal regions just transition kreka mine

Federation of BiH secures EUR 83 million for just transition of coal regions

06 May 2025 - The funds are intended for the implementation of the Just Transition in Select Coal Regions of Bosnia and Herzegovina Project

Kosovo launches reconstruction of coal power plant unit

Kosovo* launches reconstruction of coal power plant unit

06 May 2025 - Kosovo Energy Corp. (KEK) began the reconstruction and modernization of one of the two units in its Kosovo B coal power plant

croatia green hydrogen wave energy island pag novalja

Croatia’s Pag island to produce green hydrogen using wave energy

06 May 2025 - The island town of Novalja could become one of the first in Croatia to begin the production of green hydrogen, and a rare example in the region