October 12 (SeeNews) - German renewable energy company WPD will build a 415 MW wind farm worth 500 million euro ($577 million) in North Macedonia, the government in Skopje said on Tuesday.
The Virovi wind farm will comprise 69 wind turbines and will be built between the towns of Kumanovo and Kriva Palanka, in the northeastern part of the country, North Macedonia's prime minister Zoran Zaev said in a statement.
The wind farm will produce enough electricity to meet the needs of 290,000 households.
This is the biggest direct greenfield investment in North Macedonia's economy since the country declared independence in 1991, Zaev said.
WPD, established in 1996, operates wind farms and solar parks in 28 countries worldwide. To date, it has set up 2,200 turbines with an output of 4,450 MW.
($ = 0.8660 euro)