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
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

croatia koncar helb purchase contract

Croatian Končar taking over local engineering firm HELB

11 February 2025 - Končar agreed to acquire fellow Croatian engineering firm HELB, with 35 years of experience in the power infrastructure sector

Turkish companies solar power market Romania

Turkish companies expand presence in solar power market in Romania

11 February 2025 - Turkish oil refiner Tüpraş and joint venture Defic Globe, controlled by YEO, have published updates on their operations in Romania

Cyprus launches grant mechanism for energy storage

Cyprus launches grant mechanism for energy storage

11 February 2025 - Owners of renewable energy systems in Cyprus can apply from February 14 for grants to add batteries, under a EUR 35 million program

Aydem Renewables hydropower Turkey floating solar power system

Aydem Renewables to expand hydropower plant in Turkey with floating solar power system

10 February 2025 - Aydem Renewables is developing a project for turning its Adıgüzel hydroelectric facility of 62 MW into a hybrid power plant