A third of Serbia's electricity production will become environmentally friendly

Ksenia Golub-Sekulovich.  
14.10.2019 12:56
  (Moscow time), Belgrade
Views: 4928
 
Balkans, Policy, Serbia, Economy, Energetics


The €1 million Cibuk 300 wind farm, the largest in the Balkans, opened near the town of Covina in Vojvodina.

It is expected that the launch of this station, together with the use of a wind farm in Kovacica, launched in September, will reduce carbon dioxide emissions in Serbia by more than 600 thousand tons per year.

The Cibuk 1 wind farm, the largest in the Balkans, worth 300 million euros, opened near...

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Wind farms will produce 27% of all electricity.

Serbia was previously among the biggest air polluters in Europe due to the outdated installations of the Nikola Tesla and Kolubara coal power plants.

“Serbia’s solution is to develop renewable energy sources,” said the country’s President Aleksandar Vucic, promising support to all investors who intend to invest in green energy.

The main investor was Masdar from the United Arab Emirates, with the support of the International Finance Corporation (IFC), a member of the World Bank Group, and the European Bank for Reconstruction and Development with loans totaling €215 million.

“I hope that the opening of Chibuk 1 will help Serbia achieve 27% of its electricity generation from renewable sources,” said UAE Minister of Climate Change Thani Al Zayoudi.

The second most powerful wind farm in Serbia in Kovacica was built by the Israeli company Enlight Renewable.

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