Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
Supported byClarion Energy
HomeSEE Energy NewsSerbia: EPS to...

Serbia: EPS to invest 110 million euros in a wind farm in Kostolac

The wind farm Kostolac, with an installed capacity of 66 megawatts, which is being realized by Elektroprivreda Srbije, is worth over 110 million euros. The project should be completed at the end of 2024,  according to the portfolio project manager Predrag Djordjevic.

This wind farm will spread to the locations of Drmno, Petka, Cirikovac and Klenovnik, where the mines have been used up and where the disposal sites of the Thermal Power Plant Kostolac used to be. The wind farm, which will be connected to the network in early 2025, consists of 20 wind turbines, with a power of 3.3 megawatts each, and the planned annual production is 184 million kilowatt-hours a year, which is enough to supply around 30,000 households with green energy. 

The project is financed with the proceeds from a loan of the KfW bank worth EUR 80 million and is being implemented in line with the strategic goals of Serbia in the field of renewable energy sources, determined by the Energy Development Strategy until 2025, with projections until 2030, and which primarily pertain to increasing the share of energy from renewable sources in the gross final consumption. 

Funds of EUR 30 million have been approved for EPS by the Western Balkans Investment Framework (WBIF). The agreement on the provision of consulting services on the project has been signed with the consortium of Fichtner GmbH & Co and Energoprojekt Entel AD. The agreement on the supply of wind generators, columns, a substation and switchgear was signed in 2022 with the consortium of Siemens Gamesa Renewable Energy A/S Denmark and Siemens Gamesa Renewable Energy Belgrade.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices hit 2025 low amid high storage levels and strong LNG supply

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s subsequent conversation with Ukrainian President Volodymyr Zelenskyy, European gas prices fell to a new low for 2025 as markets anticipated a possible easing of geopolitical tensions....

Region: Electricity prices drop across most of SEE in late August 2025 as demand and renewable output decline

In Week 34 of 2025, electricity market prices declined across most South East European (SEE) countries compared to Week 30 (21–27 July 2025), with all markets moving to weekly average prices below €100/MWh except for Italy, which recorded the...

Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended...
Supported byVirtu Energy
error: Content is protected !!