SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Serbia's Vojvodina issues permit for 95.5 MW wind farm

Jun 16, 2021, 12:22:22 PMArticle by Radomir Ralev
share
June 16 (SeeNews) - Serbia's Vojvodina autonomous province government issued a building permit for a 95.5 MW wind farm to local company Enlight K2 Wind, it said.

Serbia's Vojvodina issues permit for 95.5 MW wind farm
Source: Vojvodina province government

The wind farm, named Pupin, will be equipped with 16 turbines, and its construction is expected to be completed in the second half of 2023, the Vojvodina province government said in a statement on Tuesday.

Pupin will be constructed within the existing 104.5 MW Kovacica wind energy complex, operated by Serbian renewable energy management consultancy firm New Energy Solutions, the Vojvodina province government said.

"We are looking at the green future of Serbia as by 2040, 40% of the country's total energy will come from renewable sources," the director of New Energy Solutions, Milos Colic, said in the statement.

The entire capital of New Energy Solutions is owned by Cyprus-based company Drylake Limited, which controls a 33.3% stake in Enlight K2 Wind. Dutch-based Balkan Energies - Serbia 2 B.V. and Cyprus-based Wed Wind Energuy Developments Limited own 33.3% in Enlight K2 Wind each, according to data from Serbia's business registry.

In 2012 Electrawinds K-Wind started developing the Kovacica wind farm with permitting and development outsourced through New Energy Solutions. Israel's Enlight Renewable Energy acquired the project in 2016, and invested 189 million euro ($230 million) in the project, with New Energy Solutions remaining its direct operator.

($ = 0.8245 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.