Renewables

Works begin on Kula 2 wind power plant in Serbia

Works begin Kula 2 wind Serbia

Photo: Zorana Mihajlović / Facebook

Published

May 11, 2022

Country

Comments

comments icon

0

Share

Published:

May 11, 2022

Country:

Comments:

comments icon

0

Share

MK Group and Fintel energija broke ground on their Kula 2 wind power project in northwestern Serbia. The facility will consist of two turbines with 5 MW each.

Hundreds of megawatts from renewable energy sources will come online in the following years in Serbia as investors will be building capacities on their own or within strategic partnerships with the government, Deputy Prime Minister and Minister of Mining and Energy of Serbia Zorana Mihajlović said at the groundbreaking ceremony for the Kula 2 wind power plant.

MK group and Fintel energija developed the 10 MW project at the Štolc site in Kula in northwestern Serbia. It is worth EUR 17.5 million. The wind power plant will have two turbines.

Kula 2 to be first wind power plant in Serbia without government subsidies

Fintel energija is the Serbian subsidiary of Fintel Energia Group. The Italian company’s Chief Executive Officer Tiziano Giovannetti said it is the first such project without subsidies in the country and that it proves new technologies have matured in market terms. Erste Bank is a partner in the project, according to the announcement.

The estimated annual output of Kula 2 is 28.6 GWh, equivalent to the electricity consumption of 8,000 households in Serbia, the two companies added. They said the construction should be completed by the end of the year and commissioning is scheduled for March.

Two more wind power plants planned in Kula

In the same municipality they operate the Kula wind park, the first wind power plant in the country. It was commissioned in 2015. Kula 3 and Kula 4 are also envisaged to have a capacity of 10 MW each.

The combined capacity of MK Group and Fintel’s three existing wind farms in Serbia is 85.5 MW. Last week they signed a deal with PowerChina on their Agrosolar project in Kula, the first of its kind in the Balkans. It would currently be the largest in Europe, at 660 MW. The agrisolar endeavor will combine photovoltaics with crop production.

Fintel has separate projects, too, including the giant Maestrale Ring wind farm in Subotica, Serbia’s northernmost city.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment

Related Articles

Interenergo launches its first wind farm in Bosnia and Herzegovina

Interenergo launches its first wind farm in Bosnia and Herzegovina

27 May 2025 - Ivan Sedlo wind farm is the first in the Sarajevo Canton and the first for Interenergo in Bosnia and Herzegovina

memo first guarantees of origin esm

North Macedonia issues first guarantees of origin for renewables

27 May 2025 - The first guarantees of origin were awarded to state power utility ESM, for electricity produced from hydropower.

Largest battery storage system in Balkans commissioned in Bulgaria Lovech

Largest battery storage system in Balkans commissioned in Bulgaria

26 May 2025 - A BESS facility of 124.1 MW was inaugurated in Lovech in Bulgaria, next to a photovoltaic park in the local industrial zone

Battery storage market in SEE emerging, Western Balkans lagging behind with positive prospects

26 May 2025 - Battery energy storage systems are still rare in Southeastern Europe, but state support and financing models in Greece, Bulgaria and Romania have paved the way for rapid deployment