Belgium’s Elicio brings 42 MW Alibunar wind farm on stream
11 September 2018
The Alibunar wind farm, whose construction has soaked an investment of EUR 80 million, will result in the displacement of 88,000 tonnes of CO2 emissions annually.
Another 200 MW of wind capacity will be connected to the grid by the end of 2018, plus a further 200 MW by the end of 2019, which will round off the targeted 500 MW of wind energy capacity in Serbia, Antić said at the opening ceremony, also noting that the Alibunar wind farm is the single largest energy capacity connected to the grid in Serbia since 1991, when the Pirot hydropower plant was completed.
The producer of the Alibunar wind farm’s turbines, each of which with a capacity of 2 MW, is Germany’s Senvion.
The International Financial Corporation (IFC), a member of the World Bank Group, backed the Alibunar project with a EUR 19.1 million loan. Unicredit, the Netherlands Development Finance Company (FMO), and the Green for Growth Fund (GGF) provided another EUR 40 million for the project.
8 MW Malibunar wind farm preceded Alibunar
Elicio previously completed the construction of the 8 MW Malibunar wind farm in 2017. The investment in the four-turbine Malibunar wind farm totaled EUR 8 million. Malibunar is planned to generate 25 GWh of electricity annually.
Both the Malibunar and Alibunar wind farms are subsidized under the feed-in tariff, financed by consumers through electricity bills. Serbia targets a 27% share of renewable energy sources, such as wind energy, in gross consumption by 2020.