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Add to Preferred SourcesSerbia’s largest windfarm Čibuk 1 with a maximum capacity of 158MW has started operations, generating sustainable and emissions-free power to supply 113,000 households and reducing CO2 emissions by 370,000 tonnes per year.
Čibuk 1 covers a site of 37 km2 in Mramorak, 50km from the capital Belgrade, and comprises 57 wind turbines. It is the second wind project in Serbia supported by the EBRD and follows the successful completion of the Kovačica windfarm earlier this month.
The €300 million project was developed with financial support provided by EBRD and IFC. In parallel, the World Bank’s IFC provided €107.7 million.
Zsuzsanna Hargitai, EBRD Regional Director, Western Balkans, said: “Investment in renewable energy is at the core of our energy strategy and we are very pleased to see Serbia making such good progress in renewables and to have been able to support these efforts.”
Čibuk 1 will contribute to Serbia’s goal of raising the share of energy consumption from renewable sources to 27 percent by 2020, while reducing its dependence on coal-fired power generation.
Original source: EBRD
Published on 11 October 2019