WV-International NBT advances with Alibunar wind projects, preparations underway for auctions

Renewable energy company WV-International NBT has informed  Serbian Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlović about developing its renewable energy investment portfolio in Serbia. The company’s representatives said that the company has just finalized the alternation of the construction permits and aligned it with the new generation of wind turbines to be implemented.

WV-International NBT has announced it is preparing for the first Serbia auctions for premiums, planned to be held until the end of 2021, as disclosed by the Serbian Ministry of Mining and Energy. The Government has introduced this supporting mechanism as part of the new set of energy laws recently adopted.

NBT AS (NBT), a utility-scale wind power developer based in Oslo, has partnered with WV International (formerly Windvision) in an 800 MW portfolio of wind projects in Serbia. The project company, which now operates under the name WV-International NBT, has announced that its two Alibunar projects of a total capacity of 168 MW will come online as early as 2023.

WV-International NBT has 800 MW renewable portfolio

“From our impressive 800 MW portfolio, our current focus is on the Alibunar wind projects, for which the company has just finalized the alternation of the construction permits and aligned it with the new generation of wind turbines to be installed,” Neda Lazendić, the company’s Country Manager has said.

Lazendić also added that the alternations are a part of the process in which the company is getting ready to achieve the most competitive price at the first-ever auctions in Serbia.

Norweigan-Serbian dialogue on energy transition in Serbia

The delegation comprising Jørn Gjelstad, Norwegian Ambassador, Magnus Johansen, a Vice President of NBT AS, and Neda Lazendić, a Country Manager of WV-International NBT, had a meeting with Zorana Mihajlović, a Deputy Prime Minister and  Minister of mining and energy in the Government of Serbia.

NBT Vice President Magnus Johansen said that the company wants to contribute to energy transition in Serbia following its extensive experience in wind farm project development in Norway, Ukraine, and China.  Johansen added that NBT is very interested in investing in Serbia and that is why the company has joined wind farm projects started by Windvision (now WV-International).

Norwegian Ambassador Jørn Gjelstad said that he hopes Norwegian companies, which have extensive experience, will have a more significant role in the development and modernization of the energy sector in Serbia.

Energy and mining minister Zorana Mihajlović said that Serbia wants to attract quality investments in the energy sector and added that Serbia needs projects to be implemented efficiently because the renewable energy sector is very important for the country.