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Serbia: Government eyes takeover of delayed Plandište wind project to boost renewable goals

The Serbian Government has expressed interest in taking over the Plandište wind power project, currently jointly owned by Serbian oil company NIS and Swiss-based MET Renewables. The news surfaced after a recent NIS Board of Directors meeting, during which board members acknowledged the state’s readiness to collaborate with MET Renewables to complete the development. The move is part of Serbia’s broader strategy to enhance its renewable energy capacity and support the national energy transition. However, detailed plans regarding the potential takeover have not yet been made public.

The Plandište wind project was first launched in 2019, following MET Renewables’ acquisition of a 50 percent stake from third-party investors. This marked the first wind power venture for both MET and NIS, and it was MET Group’s initial renewable energy investment outside the European Union. The joint venture, named NIS MET Energowind, maintains an equal ownership structure between the two companies.

Located in the Plandište municipality, the wind farm is planned to have an installed capacity of 102 megawatts, sufficient to supply electricity to around 85,000 households. The original construction timeline anticipated work starting in 2019 and the project becoming operational by 2021. However, these milestones were never achieved.

A revised building permit issued in 2023 approved the installation of 17 wind turbines, each with a capacity of 6 megawatts. Once completed, the facility is expected to connect to Serbia’s national grid through a new substation and an existing 110 kV overhead transmission line.

Despite earlier plans announced in July 2023 to begin turbine installation in the second and third quarters of 2024 and to launch operations in early 2025, none of these steps have been implemented so far.

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